According to the commodity market analysis system of Business Society, from February 2 to 9 (as of 10:00), the domestic methanol market quotation at East China ports fell from 2,223 yuan/ton to around 2,220 yuan/ton. During this period, the price decreased by 0.15%, down 2.02% month-on-month and 16.52% year-on-year. The domestic methanol market trend remained weak, with enterprises primarily focusing on destocking and shipments before the holiday, coupled with a subdued macroeconomic environment, leading to a continued downward trend in the market. As destocking gradually nears its end, market trading activity has become increasingly subdued, with many downstream participants withdrawing from the market to adopt a wait-and-see approach. By the close of trading on February 9, methanol futures prices on the Zhengzhou Commodity Exchange showed an increase. The main methanol futures contract 2605 opened at 2,236 yuan/ton, with a high of 2,255 yuan/ton and a low of 2,227 yuan/ton, closing at 2,231 yuan/ton at the end of the session. This represented an increase of 1 yuan compared to the previous trading day's settlement price, a rise of 0.04%. Trading volume was 849,691 contracts, with open interest at 831,646 contracts, reflecting a daily increase of 5,357 contracts. Business Society's methanol spot-futures comparison chart:
As of February 9, a summary of methanol market prices across various regions: Region