April 20th News: On April 20th, Shandong Lianmeng raised its methanol offer by 30 yuan/ton to 3050 yuan/ton for cash ex-works delivery, with stable plant operations. Chempricehub's analysis of methanol shows a long-short score of 1.5. Shandong Lianmeng increased its methanol spot offer by 30 yuan/ton to 3050 yuan/ton, with stable plant operations, indicating tight spot market supply or increased demand, directly benefiting spot prices. Combined with methanol MA futures data, such as the recent closing price of the 2605 contract (Zhengzhou Commodity Exchange) at 3173 yuan/ton (data as of April 17th), up by 14 yuan, this spot price adjustment may push futures prices higher, particularly supporting near-month contracts, reflecting bullish market sentiment.
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