Core Viewpoint - Methanol futures have shown a significant upward trend, with the main contract rising by 2.69% to 2292.00 CNY/ton as of January 23 [1] Inventory and Production - As of January 22, methanol inventory at East China ports was 587,900 tons, down from 647,300 tons on January 15, a decrease of 59,400 tons [2] - Domestic methanol production facility operating rate was 77.41%, a decrease of 0.50 percentage points week-on-week, but an increase of 0.28 percentage points year-on-year [2] Market Prices - On January 22, methanol prices in the external market increased: CFR Southeast Asia methanol closed at 321.5-322.5 USD/ton, FOB US Gulf at 94.5-95.5 cents/gallon (up 3 cents), and FOB Rotterdam in Europe at 269.5-270.5 EUR/ton (up 4 EUR) [2] Institutional Perspectives - Chaos Tiancheng Futures holds a bullish mid-term view, expecting short-term strength driven by the chemical sector, while noting limited upside above 2300 CNY due to significant feedback pressure [3] - Zhongcai Futures indicates that methanol futures are in a volatile state, with geopolitical tensions easing and supply remaining ample, leading to high inventory levels at ports and inland [3]
市场负反馈压力大 甲醇主力合约整体呈现震荡态势
Jin Tou Wang·2026-01-23 07:09