March 2nd News: Methanol prices in Shandong region rose on March 2nd. In Zibo, Shandong, the negotiated price of methanol reached 2,220 yuan/ton delivered on a spot payment basis, up by 100 yuan/ton. In central Shandong, the methanol price was reported at 2,200 yuan/ton, remaining stable. In Dongying, Shandong, the market price of methanol reached 2,210 yuan/ton delivered on a spot payment basis, up by 95 yuan/ton. Influenced by multiple factors, methanol market prices surged significantly. In Dongying, Shandong, the negotiated price of methanol was 2,180 yuan/ton delivered on a spot payment basis. Chempricehub analyzed methanol with a long-short score of 2. The article indicates that on March 2nd, 2026, spot methanol prices in Shandong rose notably, with Zibo up by 100 yuan/ton to 2,220 yuan/ton and Dongying up by 95 yuan/ton to 2,210 yuan/ton, reflecting tight supply or surging demand, constituting a significant positive factor. Combined with methanol futures data (Zhengzhou Commodity Exchange contracts such as 2701), although prices had previously declined, the strong spot price increase may drive futures prices to rebound, reinforcing bullish expectations and forming a significant positive impact on the futures market.