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Chempricehub Important Reminder: Yizhou Technology's methanol price has been raised by 70 yuan/ton.
Published on 2026-03-02
March 2nd News: On March 2nd, Yizhou Technology raised its methanol quotation by 70 yuan/ton to 2250 yuan/ton ex-factory cash payment. The 150,000 + 150,000 tons/year coke oven gas-to-methanol plant is operating stably. Chempricehub's analysis of methanol shows a long-short score: +1.5. Yizhou Technology's spot methanol quotation increased by 70 yuan/ton to 2250 yuan/ton, ex-factory cash payment, indicating tight market supply or increased demand. The stable operation of the plant (annual capacity of 300,000 tons) poses no risk of supply disruption, directly benefiting the rise in spot prices. Combined with the recent settlement price of the main methanol futures contract (such as the 2605 contract) at 2189 yuan/ton (data as of February 27, 2026), this news may drive a rebound in futures prices, as spot price increases often strengthen futures expectations, benefiting market sentiment. Score: +1.5 (between moderate and significant positive impact), as the increase is notable but not extreme.