Market Close: Domestic futures main contracts fluctuate with gains and losses; methanol rises over 4%

MaticHoleFiller · 2026-03-27T08:15:28+00:00

On March 26, the domestic futures market showed mixed gains and losses, with chemical products like methanol rising significantly, while palladium and platinum declined sharply. The market focused on the progress of US-Iran negotiations, with methanol prices fluctuating due to negotiations not being accepted. Port inventory clearance accelerated, and future import expectations remain subdued. Overall factory inventories decreased, and traditional downstream demand rebounded.

MaticHoleFiller

2026-03-27 08:15:28

Abstract generation in progress

Hot Topics

            Watchlist
Data Center
Market Center
Capital Flow
Simulated Trading
        

        Client

On the morning of March 26, the domestic futures main contracts showed mixed results. Methanol, synthetic rubber, and asphalt rose over 4%, PTA, PX, p-xylene, and eggs rose over 3%, while short fibers and polypropylene rose over 2%; on the downside, palladium fell over 5%, platinum fell over 4%, and polysilicon and glass fell over 2%.

Huatai Futures analysts stated that the market continues to pay attention to the progress of the US-Iran talks, but the conditions set by the US are harsh, and Iran does not accept the negotiation conditions and ceasefire, continuing to monitor subsequent developments. Methanol showed a low opening and high closing, partly due to the shift in sentiment from the previous continuous rise in the chemical sector caused by US-Iran negotiations, and partly because the conditions set by both sides are still difficult to effectively meet, so it remains in a “fighting while negotiating” stage.

Regarding ports, China’s port destocking is rapidly being realized, with April import expectations further declining to historical lows, and the continued destocking at ports is linked to the duration of downtime at Iranian methanol facilities. In terms of port demand, the maintenance at Xingxing and Shenghong MTO continues, and attention is focused on Shenghong’s expected resumption of operations in April.

Mainland factory inventories continue to decline, with coal-based methanol operating rates only slightly falling from high levels, and the scale of spring maintenance remains limited. Traditional downstream operations are rising, formaldehyde continues to seasonally increase its load, and MTBE operating rates remain high and stable under export support.

Sina Cooperative Large Platform Futures Account Opening Safe, Fast, and Reliable

A wealth of information and accurate interpretation can be found in the Sina Finance APP

Editor: Zhu Henan

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.