Methanol futures consolidated and rose late. The spot just needs to be negotiated, and the basis is firm. In the morning, forward-looking inquiries were active, with arbitrage shipments mainly; in the afternoon, as futures rose, rallies shipments increased, the basis of 09 contracts strengthened, the basis of 01 contracts weakened, and the price spread widened in August/September. The overall transaction was okay.

Taicang Main Port Transaction Price:

Spot transaction: 2420-2440, basis 09+5/+10

Transactions under 8:2435-2465, basis 09+22/+25, 01 -20/-15

Transactions under 9:2460-2490, basis 09+45/+52, 01 +5/+13

10 transactions: 2480-2510, basis 01+32/+35