March 6th News — On March 5th, the closing prices of the methanol offshore market rose: the CFR Southeast Asia methanol market closed at $339.5–340.5 per ton, up by $5 per ton. The FOB U.S. Gulf methanol market closed at 105–107 cents per gallon, up by 5 cents per gallon. The FOB Rotterdam methanol market in Europe closed at €352–354 per ton, up by €13 per ton. Chempricehub's analysis of methanol, with a long-short rating of +1.5, indicates that on March 5th, methanol prices in the three major offshore markets—CFR Southeast Asia, FOB U.S. Gulf, and FOB Rotterdam—all showed significant increases, rising by $5 per ton, 5 cents per gallon, and €13 per ton, respectively. This suggests an increase in the cost of international methanol imports, which is favorable for domestic methanol spot prices, as the substitution effect of imports may drive up demand. Combined with the latest methanol MA futures data (as of March 5th, 2026), although most contract prices declined on that day (e.g., the settlement price of contract 2701 was 2,436 yuan per ton, down by 20 yuan), the strong upward trend in the offshore market provides a supportive signal, potentially alleviating the current downward pressure. It is expected that futures prices may see a short-term rebound. Overall, the comprehensive rise in offshore prices is a relatively strong positive factor, likely to improve market sentiment. Therefore, a rating of +1.5 is assigned (between moderately bullish and significantly bullish).