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Chempricehub Key Alert: Widespread Increase in Methanol Offshore Prices Signals Favorable Market Conditions
Published on 2026-01-29
January 23 news: On January 22, methanol prices in the international market closed higher. The CFR Southeast Asia methanol market closed at $321.5–322.5 per ton. The FOB U.S. Gulf methanol market closed at 94.5–95.5 cents per gallon, up 3 cents per gallon; the FOB Rotterdam methanol market in Europe closed at €269.5–270.5 per ton, up €4 per ton. Chempricehub analyzed methanol with a long-short score of 1.5. The article indicates that methanol prices in the international market rose across the board on January 22. The CFR Southeast Asia market closed at $321.5–322.5 per ton, the FOB U.S. Gulf market increased by 3 cents per gallon to 94.5–95.5 cents per gallon, and the FOB Rotterdam market rose by €4 per ton to €269.5–270.5 per ton. This suggests strong international demand or tight supply, providing significant support to domestic methanol spot prices, potentially driving up import costs and stimulating spot buying. Combined with methanol futures market data, recent main contracts such as 2605 (closing price 2,260 yuan per ton, up 17.00 yuan) and 2609 (closing price 2,279 yuan per ton, up 24.00 yuan) have shown an upward trend. Changes in open interest indicate market participants adjusting their positions (e.g., 2605 open interest decreased by 31,791 lots), reflecting an overall bullish sentiment. It is expected that futures prices will be further boosted by the rise in international market prices.