January 30th news: Recently, the low-pressure tower of the AA-grade methanol distillation project in the first phase of the second stage of the Shaanxi Coal Yulin Chemical project, undertaken by the Sixth Branch of China National Chemical Engineering Sixth Construction Co., Ltd., was successfully hoisted into place. This marks the first major equipment hoisting for the entire project, setting a strong start for the year's construction. Chempricehub's analysis of methanol: Bull-bear score: -1. The article reports the successful hoisting of the low-pressure tower in the Shaanxi Coal Yulin Chemical methanol distillation project, indicating significant progress in the project's construction and suggesting a potential increase in future methanol supply capacity. This has heightened market expectations of oversupply, exerting downward pressure on spot methanol prices. Combined with methanol MA futures data, such as the closing price of the main contract 2605 (May 2026) at 2,352 yuan/ton, although there has been a recent increase (up by +12.00), the factor of increased supply may restrain future gains, putting pressure on futures prices. The overall impact is moderately bearish, with a score of -1.