B[The spot price of methanol continues to fall sharply, and the market's purchasing enthusiasm is weak] According to reports on October 13, the domestic methanol spot market price continued to fall sharply today, and the operating mentality of the industry was weak. Futures fell, and the mentality of industry players was frustrated. Coupled with the impact of news about the suspension of some domestic olefins, most industry players had a bearish mentality. Under the influence, market purchasing enthusiasm was weak, and market transaction prices were subsequently lowered. As of now, the price of the northern line in Inner Mongolia is 3,195 yuan/ton, down 165-205 yuan/ton; the southern line is 3,100 yuan/ton; and the price in northern Shaanxi is 3,100-3,350 yuan/ton, down 150-400 yuan. / ton; in the Shandong consumer market, the downstream receiving price in northern Shandong is around 3450-3460 yuan/ton, and Linyi is around 3360-3410 yuan/ton, down 190-220 yuan/ton. In terms of equipment, Excelle has been restored, and Yigao, Jiutai Tuo County, Shanxi Huayu, Longxingtai, and Anqing Shuguang are under maintenance and will be followed up. In terms of freight rates, methanol freight rates continued to rise during the day. (Tu Duoduo) B[China’s bulk commodity price index rose 4.1% month-on-month in September] On October 5, the China Federation of Logistics and Purchasing announced today (5th) China’s bulk commodity price index. Judging from the index operation, with the arrival of the traditional peak season for production and construction, the acceleration of the implementation of major projects, and the continued improvement of manufacturing production and market demand, the commodity market sentiment level has further improved, laying a good foundation for the smooth operation of the economy in the fourth quarter. China's commodity price index in September was 137.6 points, up 4.1% month-on-month and 22.9% year-on-year. Among the 50 commodities monitored by the China Federation of Logistics and Purchasing, 38 commodities saw price increases month-on-month in September. Among them, methanol, ethylene glycol and coke were the top increasers, with month-on-month increases of 39.5%, 24.8% and 20.4% respectively. B[Most domestic commodity futures closed up, with No. 20 TSR up nearly 6%] On September 30, most domestic commodity futures closed up, with TSR 20 up nearly 6%, rubber up over 5%, PVC up over 4%, BR rubber up nearly 4%, alumina, soybean, and palladium up over 2%, and vegetable oil, methanol, pigs, styrene, and Shanghai gold up over 1%. In terms of decline, asphalt fell by more than 3%, European container lines fell by more than 2%, and apple, cotton, and pulp fell by more than 1%. B[Zhengzhou Commodity Exchange: Adjust the margin standards and price limits for some futures contract transactions during the Mid-Autumn Festival and National Day in 2026] September 17th, according to Article 8 of the "Zhengzhou Commodity Exchange Futures Trading Risk Control and Management Measures", after research and decision, the following adjustments will be made to the margin standards and price limits for some futures contract transactions during the Mid-Autumn Festival and National Day in 2026:
1. Starting from the settlement on September 21, 2026, the price limit of the PTA futures 2610 contract is 9%, the trading margin standard of the PTA futures 2611 contract is 9%, and the price limit is 8%; the price limit of the methanol futures 2610 contract is 9%. 9%, the trading margin standard of the methanol futures 2611 contract is 9%, and the price limit is 8%; the price limit of the paraxylene futures 2610 contract is 9%, the trading margin standard of the paraxylene futures 2611 contract is 9%, and the price limit is 8%.
2. Starting from the settlement on September 29, 2026, the trading margin standard for PTA, methanol, glass, apples, soda ash, staple fiber, paraxylene, caustic soda, bottle flakes, and propylene futures contracts is 10%, and the price limit is 9%; cotton, rapeseed oil, rapeseed meal, rapeseed, ferrosilicon, The trading margin standard for manganese silicon, red dates, urea, and peanut futures contracts is 9%, and the price limit is 8%; the trading margin standard for white sugar futures contracts is 8%, and the price limit is 7%; the trading margin standard for cotton yarn futures contracts is 7%, and the price limit is 6%.
3. After the resumption of trading on October 8, 2026, from the settlement of the first trading day when the contract with the largest position does not have a unilateral price limit, the price limit of the PTA futures 2610 contract is 9%, the trading margin standard of the PTA futures 2611 contract is 9%, and the price limit is 8%; the price limit of the methanol futures 2610 contract The lower limit range is 9%, the trading margin standard of the methanol futures 2611 contract is 9%, and the upper and lower limit range is 8%; the upper and lower limit range of the paraxylene futures 2610 contract is 9%, and the upper and lower limit range of the paraxylene futures 2611 contract is 8%; the trading margin standards and upper and lower limit ranges of other types of futures contracts have returned to the pre-adjustment levels.
If the trading margin standards and price limits implemented in accordance with the rules are higher than the above standards, the relevant regulations will still be implemented. B[The main domestic futures contracts were mixed, SC crude oil rose nearly 5%] On September 9, the main domestic futures contracts were mixed, SC crude oil rose nearly 5%, methanol rose more than 4%, propylene rose more than 3%, pure benzene rose nearly 3%, and fuel oil, paraxylene, styrene (EB), and low-sulfur fuel oil (LU) rose more than 2%. In terms of decline, palladium and ferrosilicon fell by more than 2%, palm oil, soybean oil, and red dates fell by more than 1%, and urea and Shanghai gold fell by nearly 1%. B[The construction of the world's first 325,000-ton methanol dual-fuel ore ship was completed] September 1st, the world's first 325,000-ton methanol dual-fuel ore ship was completed in Yangzhou, Jiangsu this morning and named the "Ocean Silk Road" ship. The ship is equipped with the world's first digital ship delivery system, marking a new breakthrough for China's shipbuilding industry in the two frontier fields of green power and digital delivery. This giant ship was jointly designed by COSCO Shipping Heavy Industry and Shanghai Ship Research and Design Institute. It has a length of 339.9 meters, a width of 62 meters, and a load capacity of 325,000 tons. During the construction process, the ship made breakthroughs in a number of key technologies for the application of methanol fuel, and its cargo hold capacity is increased by more than 40% compared with traditional ore ships of the same size. According to reports, the ship is scheduled to be put into operation in October this year. It will provide a "Chinese solution" for the green and intelligent transformation of global shipping and provide more reliable transport capacity support for the stable and smooth flow of the bulk commodity supply chain. B[Most of the main domestic futures contracts rose, with ethylene glycol (EG) rising nearly 8%] On September 1, most of the main domestic futures contracts rose, with ethylene glycol (EG) rising by nearly 8%, methanol rising by more than 5%, bottle flakes rising by nearly 5%, paraxylene and short fiber rising by more than 4%, and asphalt, polyvinyl chloride (PVC), and pure benzene rising by more than 3%. In terms of decline, the European container shipping line fell by nearly 6%, palladium and red dates fell by nearly 3%, Shanghai silver, pigs, and apples fell by more than 2%, and Shanghai gold fell by more than 1%.
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