April 23 News – On April 22, the closing prices in the methanol international market declined: CFR Southeast Asia methanol closed at USD 648-650 per metric ton, down by USD 16 per metric ton. FOB US Gulf methanol closed at 177-179 cents per gallon; European FOB Rotterdam methanol closed at EUR 524-526 per metric ton, down by EUR 12 per metric ton. Chempricehub Commentary on Methanol: Bull-Bear Score: -1.5

The methanol international market recorded notable declines across Southeast Asia, the United States, and Europe (CFR Southeast Asia down USD 16/mt to USD 648-650/mt; European FOB Rotterdam down EUR 12/mt to EUR 524-526/mt), reflecting weakened global demand or increased supply. This exerts bearish pressure on spot prices and may lead to lower domestic import costs and added pressure on the spot market. In the context of methanol futures, as of April 22, 2026, the Zhengzhou Commodity Exchange's main contract, such as 2609, rose by RMB 20/mt to RMB 2,848/mt, with open interest reaching 609,729 lots. However, the bearish signals from the international market may curb future upward momentum, increasing downside risk in the futures market and affecting short-term price trends.