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Jiangsu Taicang methanol early market prices strengthen
Futures rebound, and the methanol basis in the Taicang market in Jiangsu edged slightly stronger in the early part of the session. In the morning at the opening, Taicang spot and mid-month negotiations traded at 3,130-3,150 yuan/ton, with basis quotes at +230 yuan/ton; mid-month basis negotiations were at +215~+225 yuan/ton; and for the 6th month, negotiations were at +190~+210 yuan/ton. (Longzhong Information)