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Chempricehub Important Reminder: Spot and Futures Prices of Methanol in Shandong Rise Simultaneously
Published on 2026-01-03
December 30th News: Methanol market prices in Shandong region rose on December 30th. In Zibo, Shandong, the negotiated price for methanol reached 2,120 yuan/ton delivered on a spot payment basis, up by 15 yuan/ton. In central Shandong, the methanol price was reported at 2,200 yuan/ton, remaining stable. In Dongying, Shandong, the transaction price for methanol reached 2,110 yuan/ton delivered on a spot payment basis, also up by 15 yuan/ton. The negotiated price range for methanol in Dongying, Shandong, was 2,090–2,100 yuan/ton delivered on a spot payment basis. Chempricehub's analysis of methanol: Bull-Bear Score: +1.5. Spot methanol prices in Shandong generally increased, with Zibo and Dongying both rising by 15 yuan/ton, indicating increased market demand or tight supply, which is favorable for the spot market. In the futures market, the main methanol MA contract, such as MA2605, closed at 2,219 yuan/ton, up by 39 yuan, with trading volume reaching 1,229,531 lots and open interest increasing by 40,426 lots. This reflects strong bullish sentiment among investors, and futures prices are expected to continue rising. Based on the combined data from spot and futures markets, the score is +1.5, indicating a strong bullish trend.