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Taicang methanol prices in the Jiangsu market surge
Futures continue to rise. In Taicang, Jiangsu, the methanol cash market spread remains steady to slightly strong in the morning session. At the market open this morning, physical deals were discussed at 3560–3590 yuan/ton, with the spread discussed at +130 to +140 yuan/ton. For the 4th month, the spread was discussed at 05+125–+140 yuan/ton. For 4th month (below), deals were discussed at +110 to +130 yuan/ton. (Longzhong Information)