On February 9, the methanol offshore market closed higher: CFR Southeast Asia methanol market settled at $322.5–323.5/ton. FOB US Gulf methanol market settled at 106.5–107.5 cents/gallon; FOB Rotterdam methanol market in Europe settled at €297.5–298.5/ton, up €1/ton. PriceSeek analysis of methanol, long-short score: +1.5. The methanol offshore market rose across the board, with CFR Southeast Asia, FOB US Gulf, and FOB Rotterdam prices all recording gains. The European market rose by €1/ton, indicating tightening supply and demand in the international market, which may drive domestic spot prices higher. Combined with futures market data, the main methanol futures contract (e.g., 2605) closed at 2,231 yuan/ton, with a settlement price of 2,241 yuan/ton, up +11.00 yuan/ton. Trading volume was 849,691 lots, open interest was 831,646 lots, with an open interest change of +5,357 lots, indicating a slight price increase and rising open interest, reflecting positive bullish sentiment and providing support for futures prices. The score is +1.5 (relatively strong positive), as offshore gains boost expectations, though the increase is relatively moderate and does not reach a major positive level.
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