April 8th News: On April 7th, methanol prices in the international market closed higher: CFR Southeast Asia methanol market settled at $689–691 per ton. FOB US Gulf methanol market settled at 141–143 cents per gallon, up 5 cents per gallon; FOB Rotterdam methanol market in Europe settled at €515–517 per ton, up €35 per ton. Chempricehub analyzed methanol with a long-short score of +1.5. The article indicates that methanol prices in the international market generally rose, with CFR Southeast Asia settling at $689–691 per ton, FOB US Gulf increasing by 5 cents per gallon to 141–143 cents per gallon, and FOB Rotterdam rising by €35 per ton to €515–517 per ton. This suggests strong global methanol demand or tightening supply, which is favorable for domestic methanol spot prices and may drive up spot market quotations. Combined with the latest methanol futures market trends (e.g., MA2605 contract settlement price at 3,500 yuan per ton, up 231 yuan; MA2609 contract settlement price at 3,120 yuan per ton, up 174 yuan), the futures market has already shown a significant upward trend. This news may further support the rise in futures prices and strengthen bullish sentiment. Therefore, the score is +1.5, indicating a significant positive impact.
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