Guoxin Futures: Spot focus shifts upward, methanol rises along with the energy sector

2026-02-28 14:51:43

On Tuesday, methanol futures main contract MA2605 rose by 3%, with an increase of 20,000 lots, holding a position of 750,000 lots. In the spot market, according to Zhuochuang Information, the reference price for spot methanol in Taicang is 2225-2245 yuan/ton, and low prices are hard to find in the Taicang market. Sellers are reluctant to sell, and spot prices are steadily rising. International oil prices are climbing, the energy and chemical sectors are collectively strengthening, and combined with geopolitical tensions between the US and Iran, methanol imports mainly from the Middle East are strongly trending upward. Since early February, multiple foreign methanol plants are still shut down for maintenance, with a strong expectation of reduced imports. Traditional downstream demand is expected to gradually recover after the holiday, with a rebound outlook, and port inventories are expected to show a trend of destocking. Trading strategy: adopt a cautious approach to fluctuations. (Guoxin Futures)

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