January 5th News
On January 5th, the status of methanol plants in the Americas: South America's MHTL methanol plant continues to operate at low capacity; the U.S. Koch 1.7 million tons/year methanol plant is operating normally; North America's Natgasoline 1.75 million tons/year methanol plant is operating normally.
Chempricehub analysis of methanol, long-short rating: 1
The article reports that South America's MHTL methanol plant is operating at low capacity, while plants in the U.S. and North America are running normally. The low capacity of the South American plant leads to reduced methanol supply, which is a positive factor for spot prices and may push spot prices higher. Combined with methanol futures data (e.g., the main contract 2605 closing price of 2,216 yuan/ton, settlement price of 2,224 yuan/ton, change of +25.00), the news of reduced supply may further support the upward trend in futures prices. The rating is +1.0, indicating a generally positive outlook, as the reduction in supply is limited and production in other regions remains stable.