April 08 News: On April 8, methanol producer quotations in Shandong region were raised: Shandong Lianmeng increased its methanol quotation by 140 yuan/ton to 3,140 yuan/ton for cash ex-works delivery, with stable plant operation. Mingquan Group (formerly Shandong Mingshui) adjusted its latest methanol quotation to 3,120 yuan/ton for cash ex-works delivery, with its 600,000-ton coal-to-methanol plant operating normally.

Chempricehub analysis of methanol, long-short score: 1.5. The article indicates that Shandong Lianmeng and Mingquan Group raised their methanol quotations by 140 yuan/ton to 3,140 yuan/ton and 3,120 yuan/ton, respectively, for cash ex-works delivery, with stable plant operations. This suggests tight spot market supply or increased demand, directly benefiting methanol spot prices and potentially driving an overall rise in the spot market. Combined with methanol MA futures data, the main contract 2605 settlement price was 3,500 yuan/ton (2026-04-07), up 231 yuan on the day. The increase in spot quotations is expected to further support the upward movement of futures prices, particularly for near-month contracts such as 2605 and 2609 (with significant open interest), indicating a positive impact on the futures market. The score is 1.5 (significant positive), as the price increase is substantial (approximately 4.5% rise), and stable plant operations reduce the risk of supply disruptions, reinforcing bullish market sentiment.