February 13th News Recently, Iran's ZPC plant has resumed operations at a low capacity, with 100,000 tons shipped in February and an expected import volume of 650,000 tons in March. Chempricehub's analysis of methanol indicates a bearish sentiment score of -1.5. The low-capacity restart of Iran's ZPC plant, combined with 100,000 tons shipped in February and an expected import increase to 650,000 tons in March, suggests a significant expansion in methanol supply. This supply expansion is likely to shift the market supply-demand balance toward a looser state, exerting downward pressure on spot prices and potentially leading to inventory accumulation and price competition. In the futures market, based on data from the main contract MA2605 (settlement price of 2,243 yuan/ton, open interest decreased by 28,349 lots), the recent upward trend may be restrained, with bearish sentiment strengthening. Futures prices are expected to face a correction risk.