On July 23, 2024, the closing price of methanol futures on the Zhengzhou Commodity Exchange rose. The main contract for methanol futures, 2409, opened at 2,488 RMB/ton, with a highest price of 2,512 RMB/ton and a lowest price of 2,483 RMB/ton. It closed at 2,500 RMB/ton in the end of the trading day, an increase of 7 RMB/ton or 0.28% compared to the previous trading day's settlement. The trading volume was 483,696 lots, and the position was 760,081 lots, with a daily increase of -16,499.

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