On January 14, methanol prices in the international market closed higher: CFR Southeast Asia methanol market settled at $321.5–322.5 per ton. FOB US Gulf methanol market settled at 88.5–89.5 cents per gallon, up 1 cent per gallon; FOB Rotterdam methanol market in Europe settled at €259.5–260.5 per ton. PriceSeek analysis of methanol, long-short score: +1.5. The article indicates that methanol prices in the international market rose across the board: CFR Southeast Asia settled at $321.5–322.5 per ton, FOB US Gulf increased by 1 cent per gallon to 88.5–89.5 cents per gallon, and FOB Rotterdam in Europe settled at €259.5–260.5 per ton. This reflects strong global demand, particularly with the notable increase in the US market, which will directly raise methanol import costs and benefit domestic spot prices. Combined with the latest methanol MA futures market, the main contract 2605 closed at 2,288 yuan per ton, up 23 yuan, with a settlement price of 2,285 yuan per ton and trading volume reaching 1.57 million lots, indicating strong bullish sentiment. Other contracts, such as 2603 and 2604, also rose by 21 yuan and 23 yuan, respectively. Futures prices may continue to rise with support from the international market, but a slight decrease in open interest (e.g., 2605 open interest decreased by 6,246 lots) suggests some profit-taking, warranting attention to sustainability. The score is +1.5 (between moderately bullish and significantly bullish), as the global increase is notably favorable but not driven by extreme events.
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