April 10th News — On April 9th, methanol prices in the international market closed lower. The CFR Southeast Asia methanol market settled at $689–691 per ton. The FOB U.S. Gulf methanol market settled at 141–143 cents per gallon. The FOB Rotterdam methanol market in Europe settled at €519–521 per ton, down €1 per ton.

Chempricehub's analysis of methanol gave a bearish score of -1.5. The report indicates a broad decline in methanol prices across international markets, including CFR Southeast Asia, FOB U.S. Gulf, and FOB Rotterdam (down €1 per ton). This reflects weak global demand or oversupply, exerting downward pressure on spot prices, potentially lowering import costs and increasing domestic supply pressure.

Combined with methanol futures data (e.g., the MA 2609 contract settlement price at 2,889 yuan per ton, down 103.00), prices have already shown a downward trend. This news may reinforce bearish sentiment, leading to further pressure on futures prices, especially as changes in open interest for the main contract indicate a market bias toward short positions.