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[Methanol] Taicang Market Methanol Market Trends

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October 31, 2023, 2:13 PM
On October 31, afternoon futures were consolidated in a narrow range, and the basis of Jiangsu Taicang methanol market did not change much compared with noon. Before the draft, Taicang spot small orders were referred to and discussed around 2,420 - 2,425 yuan/ton, and the basis difference of small orders was referred to as around +5 yuan/ton; under 11, the basis difference was around +20~+22 yuan/ton, and under 12, the basis difference was around +33~+37 yuan/ton.