Industrial Feedstock Demand
The Methanol-to-Olefins (MTO) sector in China remains the primary support for the market. While margins are thin, the high utilization rates of MTO plants are absorbing surplus supply, keeping prices range-bound between 2,100 and 2,200 Yuan.
Coal Feedstock Stability
With domestic coal prices stabilizing, the cost-of-production for methanol has become predictable. This has reduced the risk of sudden price collapses, allowing traders to maintain steady positions heading into the Lunar New Year break.