April 15th News — On April 14th, methanol prices in the international market closed higher: CFR Southeast Asia methanol market settled at $679–681 per ton. FOB U.S. Gulf methanol market settled at 179–181 cents per gallon, up 8 cents per gallon; FOB Rotterdam methanol market in Europe settled at €542–544 per ton, up €5 per ton. Chempricehub's analysis of methanol shows a long-short score of 1.5.

The article indicates that international methanol prices rose across the board on April 14th: CFR Southeast Asia settled at $679–681 per ton, FOB U.S. Gulf increased by 8 cents per gallon to 179–181 cents per gallon, and FOB Rotterdam rose by €5 per ton to €542–544 per ton. This suggests a tight global methanol supply-demand balance, which is favorable for domestic spot prices, as rising import costs may drive up domestic spot demand.

Combined with methanol futures data, the methanol MA contract 2605 closed at 3,122 yuan per ton (settlement price: 3,116 yuan per ton, change: –28.00), and contract 2609 closed at 2,828 yuan per ton (settlement price: 2,823 yuan per ton, change: –12.00), indicating short-term price pressure. However, the upward trend in the international market may support a future rebound in futures prices. The score of 1.5 (generally favorable with moderate strength) reflects significant positive factors from the international market, but attention should be paid to domestic supply-demand balance.