[Methanol] Taicang Market Methanol Market Trends
91,899 
November 3, 2023, 2:18 PM
On November 3, the focus of futures increased compared with yesterday. In the morning, the basis of the methanol market in Taicang, Jiangsu Province weakened, and there were more shipments on unilateral rallies. In the afternoon session, Taicang spot reference talks were held at around 2,440 - 2,450 yuan/ton for outbound cash exchange. Large orders were sold at Pingshui 01 contracts, and the basis difference for small orders was +5~+10 yuan/ton. It was difficult to make high-end transactions, and the afternoon session was at the low-end.