Guoxin Futures: Downstream centralized procurement, increased positions in methanol trending upward

K-LinePoet · 2026-03-29T19:10:55+00:00

On Thursday, methanol futures main contract MA2605 rose by 4.8%, with an increase of 80,000 lots, and open interest reached 620,000 lots. In the spot market, according to Zhuochuang Information, the Taicang methanol spot reference price is 3,250-3,270 yuan/ton, with spot prices remaining firm as sellers are reluctant to sell. Downstream companies are purchasing in bulk, and coastal methanol inventories continue to decline, with inland sources flowing to ports, pushing up inland methanol prices. Trading advice: wait for a pullback, and consider building long positions on dips. (Guoxin Futures)

K-LinePoet

2026-03-29 19:10:55

On Thursday, the main methanol futures contract MA2605 rose by 4.8%, with an increase of 80,000 contracts and a total open interest of 620,000 contracts. In the spot market, according to information from Zhuochuang Information, the reference price for methanol in the Taicang market is 3250-3270 yuan/ton, with sellers reluctant to lower prices. Downstream enterprises are engaged in concentrated procurement, coastal methanol inventories continue to decline, and inland supplies are flowing to the ports, driving up inland methanol prices. The operational suggestion is to wait for a pullback and to establish long positions at lower prices. (GuoXin Futures)

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