Futures retreated last night, and the Jiangsu Taicang methanol spot market basis remained stable but slightly weaker in the early trading session. In the morning, Taicang spot negotiations were at 3,295-3,305 yuan/ton, with the basis bid at +210 to +215 yuan/ton; Before the deadline, the basis for the upcoming month was negotiated at +200 to +210 yuan/ton; The 5th month negotiations were at +165 to +200 yuan/ton. (Longzhong Information)

K-LinePoet

2026-04-21 19:41:46

Futures fell back last night, and the methanol basis in the Jiangsu Taicang market held steady but was slightly weaker in the early session. In the morning, Taicang spot market negotiations were 3,295-3,305 yuan/ton, with basis quotes at +210~+215 yuan/ton. Before the cutoff, the “05+” basis negotiations were at +200~+210 yuan/ton; the “5下” negotiations were at +165~+200 yuan/ton. (Longzhong Information)

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The early market price of methanol in Taicang, Jiangsu, has decreased.

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