On November 24, 2025, domestic futures contracts showed mixed performance, with methanol leading gains by over 3%, followed by glass with a nearly 3% increase. Other gainers included ethylene glycol (EG), corn, cotton yarn, and polysilicon, all rising more than 1%. On the downside, lithium carbonate fell nearly 3%, while low-sulfur fuel oil (LU), liquefied petroleum gas (LPG), and benzene dropped over 2%. Additionally, styrene (EB), coking coal, palm oil, and urea declined more than 1%.

Last week, domestic methanol prices saw a slight downward adjustment. For example, the average price of methanol in Inner Mongolia stood at 1,960 yuan per ton as of November 21, down 1.58% week-on-week. Early in the week, producers lowered prices due to shipment pressures and rising freight costs, leading to a dip in transaction prices. However, prices stabilized later in the week as some olefin companies continued purchasing. Meanwhile, sales regions experienced a slight decline in transaction prices due to cheaper supplies from East China and weaker futures performance.

Looking ahead, supply remains high as some producers still face shipment needs, though potential purchases by olefin companies may limit supply fluctuations. On the demand side, traditional downstream demand remains subdued, with some eastern sales regions still affected by cheaper port-based supplies. As a result, methanol prices are expected to remain under pressure with a weak and volatile trend.