Methanol Futures Contract Update
The most actively traded Jan methanol futures contract opened 10 yuan/mt higher at 2,345 yuan/mt on October 13 evening.
According to the data from Zhengzhou Commodity Exchange (ZCE), the contract started trading at this elevated price at 09:00 pm (+08:00) on October 13.
No specific reasons for the price increase were mentioned.
ZCE methanol futures contract prices are closely watched by industry participants for market trends and insights.
Author's summary: Methanol futures contract opens higher.