Jiangsu market methanol prices remain weak and continue to decline

February 26 — Futures are slightly weak, with the Jiangsu Taicang methanol market showing a stronger basis in the early trading session. In the morning, Taicang spot and futures discussions ranged from 2,210 to 2,220 yuan/ton, with a basis of -25 to -30 yuan/ton; third-month basis discussions were between 5 and 15 to -24 yuan/ton; third-month spot discussions ranged from -3 to +5 yuan/ton. (Longzhong Information)

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