March 9th News: On March 9th, methanol producer quotations in Shandong region surged significantly: Mingquan Group (formerly Shandong Mingshui) raised its methanol quotation by 200 yuan/ton to 2,550 yuan/ton for spot settlement ex-factory pickup, with its 600,000-ton coal-to-methanol plant operating normally. Shandong Lianmeng increased its methanol quotation by 180 yuan/ton to 2,520 yuan/ton for spot settlement ex-factory pickup, with stable plant operation. Chempricehub analysis of methanol, long-short score: 2. Major producers in Shandong, Mingquan Group and Shandong Lianmeng, raised methanol quotations by 200 yuan/ton and 180 yuan/ton to 2,550 yuan/ton and 2,520 yuan/ton, respectively, with stable plant operations, indicating strong price increases on the spot supply side, which is favorable for methanol spot prices. This move reflects tight market supply-demand or strengthened cost support, potentially driving up overall spot market prices. Combined with futures market data, the recent price stability of methanol futures main contracts (e.g., the 2604 contract settlement price at 2,522 yuan/ton) suggests this news may boost expectations for futures price increases, benefiting methanol futures market conditions.