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Summary] Transaction dynamics of methanol imports

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December 20, 2023, 5:04 PM
Methanol futures rebounded. Spot is sold at a price, just need to purchase, and premium forward. Long-term paper goods shipped on rallies, arbitrage buying orders and bids, and the basis weakened significantly. Monthly exchanges continue near and near. Overall transactions were active throughout the day.
Taicang Main Port Transaction Price:
Spot transaction: 2470-2480, basis 05+50/+55
Transactions under 12:2450-2470, basis 05+30/+45, 01 +5/+15
Transaction under 1:2455-2480, basis 05+35/+50, 01 +15/+20