Market: MA2005 contract opened low and fluctuated, and the period price closed down. The main 2005 contract period price closed 1,816, which was -1.3% compared with the previous trading day; the trading volume was 661,818, with 694,755 positions, +19,366; the basis was -36; the MA5-9 price difference was -93.

Market quotation: the mainstream price in Northwest Inner Mongolia is 1,525 RMB/ ton, -75; the mainstream price in East China Taicang is 1,780 RMB/ ton, -20.

Summary: with the recovery of methanol enterprises' operating rate, the methanol inventory in inland areas has increased. In terms of ports, the increase of import to port and the inflow of Northwest goods supply have led to the recovery of port inventory. Most of the external panel devices in the early stage of maintenance have been returned to production, and there is an incremental expectation for the later stage of import. In the downstream, the traditional downstream has been restored in succession, and the coastal olefin units that were overhauled in the early stage have been put back into production, and the unit operating rates in the northwest and Shandong have increased, and the overall demand has improved, but the supply increase is still higher than the demand increase. At present, the methanol price still fluctuates substantially with the international oil price, and the short-term external market is volatile. It is suggested to wait and see recently.

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