March 24th News — On March 24th, Yizhou Technology raised its methanol offer by 50 yuan/ton to 2,950 yuan/ton ex-factory with spot payment. The 150,000+150,000 tons/year coke oven gas-to-methanol plant is operating stably.

Chempricehub's analysis of methanol: Bullish-Bearish Score: 1.5
The article reports that the spot methanol offer has been raised by 50 yuan/ton to 2,950 yuan/ton, indicating strong market demand and tight supply. Although the stable operation of the plant ensures supply, it cannot curb the price increase, which constitutes a significant positive factor for spot prices. Combined with methanol futures data, such as the MA2605 contract settlement price of 3,235 yuan/ton, up 155 yuan/ton, it shows that market bullish sentiment has strengthened. Changes in open interest suggest capital inflow, which may further drive futures prices upward. Overall, positive factors dominate, but the increase is moderate, hence the score of 1.5 (strongly bullish).