January 08 News: On January 7, the closing prices of the methanol overseas market rose: The CFR Southeast Asia methanol market closed at $321.5–322.5 per ton. The FOB U.S. Gulf methanol market closed at 87.5–88.5 cents per gallon, up 1 cent per gallon; the FOB Rotterdam methanol market in Europe closed at €259.5–260.5 per ton. Chempricehub analyzed methanol, with a long-short score of 1.5. The methanol overseas market rose across the board, with prices in CFR Southeast Asia, FOB U.S., and Europe all increasing, indicating stronger international demand or tight supply. This is favorable for methanol spot prices and may drive up the domestic spot market, as China is a major global consumer, and changes in overseas markets directly affect import costs. Meanwhile, the settlement price of the main methanol futures contract MA2605 rose by 16 yuan per ton, with trading volume reaching 1.857 million lots and high open interest, reflecting strong market confidence and ample liquidity, which supports an upward trend in futures prices. The overall assessment is strongly positive.