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[Methanol] Methanol market dynamics in Changzhou and Zhangjiagang markets

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August 21, 2024, 1:49 PM

On August 21, futures maintained a strong consolidation. In the morning, the methanol price range in Changzhou is referenced to 2,450 - 2,460 yuan/ton, and the basis difference is referenced to Pingshui; the arbitrage space sent by China to Changzhou is basically closed; in the morning, the price range in Jingjiang area is referenced to 2,460 - 2,470 yuan/ton, and the basis difference is referenced to +10 yuan/ton; The morning price range in Zhangjiagang area is referenced to around 2,460 - 2,470 yuan/ton for cans, and the basis difference is referenced to +10 yuan/ton.