March 9th News — On March 6th, the closing prices of the methanol offshore market rose: the CFR Southeast Asia methanol market closed at USD 399.5–400.5 per ton, up by USD 60 per ton. The FOB U.S. Gulf methanol market closed at 105–107 cents per gallon; the European FOB Rotterdam methanol market closed at EUR 361–363 per ton, up by EUR 9 per ton. Chempricehub analyzed methanol with a long-short score of 1.5.
The article indicates that on March 6th, methanol offshore market prices rose significantly: CFR Southeast Asia increased by USD 60 per ton to USD 399.5–400.5 per ton, European FOB Rotterdam rose by EUR 9 per ton to EUR 361–363 per ton, while FOB U.S. Gulf prices remained stable. This reflects strong international demand and tight supply. The increase in import costs will directly benefit domestic methanol spot prices, driving spot quotations upward.
Combined with the latest methanol futures data (2026-03-06), the main contract MA2605 closed at 2,586 yuan per ton (change 0.00), but other contracts, such as MA2604, rose by 9.00 to 2,573 yuan per ton, and MA2607 increased by 9.00 to 2,533 yuan per ton, indicating positive market sentiment. The significant rise in offshore prices provides cost support, and it is expected that futures prices will follow the upward trend, overall benefiting the methanol market.