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In order to save space resources, please post weekly market conditions. I'll take one first: Methanol market review and market outlook analysis from February 16th to February 20th The Asian methanol market continued to rise steadily last week. Due to the decrease in methanol production in some parts of the Middle East, the offer of spot methanol in the market has decreased, and the buyer's inventory is low, which supports the active buying of the market and the price continues to rise. The current CIF methanol price in Southeast Asia is US$168-170/ton, an increase of US$9/ton from a week ago. ； The CIF price of methanol at Chinese ports is US$201-202/ton, up US$4/ton from a week ago. The European methanol market is stable, transactions are average, and prices have softened slightly. The current methanol quotation is US$208-210/ton/(FOB Rotterdam), down US$3/ton from a week ago. ； Supply and demand in the U.S. market are stable, with some buying support and strong selling quotations. Methanol spot quotations are at 47-48 cents/gallon (FD US Gulf, equivalent to about 157-160 US dollars/ton), which is 1.5 cents/gallon higher than a week ago. Last week, the methanol market volume in East China gradually shrank, and the price fell back after highs. The mainstream quotation was at 1800-1850 yuan/ton. At the beginning of the week, the East China market had limited domestic methanol supply, and the price of imported supplies rose. Buyers continued to enter the market. However, with the decline in electronic trading prices and the lower quotations in the mainland, market concerns increased. Shipments by cargo holders slowed down, and prices fell back after highs. Overall, they are still rising. After the price of methanol in Jiangsu rose to 1,900 yuan/ton, traders' quotations gradually softened. The mainstream quotation for out-of-tank tanks over the weekend was 1,830-1,850 yuan/ton, and the actual negotiation price was slightly lower. ； The supply of methanol ports in Ningbo is sufficient, the market trend is slightly weak, downstream wait-and-see is increasing, and there are not many actual buying orders. The mainstream outgoing tank price is 1800-1850 yuan/ton. In terms of plant start-up, the overall start-up load of methanol plants in East China is still very low, manufacturers are shipping normally, and the mainstream ex-factory quotation is 1,750-1,900 yuan/ton. Last week, the methanol market in South China was weak. Due to the lack of buying support, prices rose and fell. The mainstream quotation was 1800-1850 yuan/ton, which was 20-30 yuan/ton higher than a week ago. During the week, driven by the strong methanol market in East China, traders became reluctant to sell, and inquiries increased, which stimulated an increase in quotations. However, due to the slow recovery of downstream construction, it is difficult to continue to follow up on demand, and there is a small amount of price in the market, so the price gradually falls. The main methanol plants in Fujian continue to operate at low load, and some of the products are for self-use. The shipment situation is good and the price has increased. The mainstream quotation is 1,950-2,000 yuan/ton. Last week, the operating rate of methanol companies in central China rebounded slightly, market supply was stable, and prices were stable and softening. The current mainstream ex-factory price is 1,800-1,900 yuan/ton. A few methanol units that had been shut down in the early stages of production in Henan have gradually started up, but the overall operating rate is still low, and the supply volume of enterprises is not large. At the beginning of the week, the methanol quotation once rose to 1,950 yuan/ton, and then the weakening of coastal ports had a certain negative impact on the market. Coupled with weak demand support, the market gradually fell back. The main methanol plant in Hunan is out of production, and the market spot volume is limited. The price of Guangdong Automobile methanol supply is 2,050-2,100 yuan/ton. The trading atmosphere of the methanol market in Hubei remains relatively active, downstream demand is slowly recovering, and market supply is insufficient. The mainstream quotation of methanol manufacturers is 2,050-2,100 yuan/ton. Last week, the overall production of methanol plants in North China was still limited, and the operating load of the plants hovered at 10-20%. The market supply was insufficient, and manufacturers' quotations increased. The mainstream ex-factory quotation of methanol was 1,900-2,150 yuan/ton. The overall supply of methanol in Shijiazhuang is not large, and market inquiries are relatively active. However, as prices rise, transactions have decreased. Methanol companies are shipping well, and manufacturers continue to increase their quotations. The mainstream ex-factory quotation is 2050-2150 yuan/ton. The mainstream price in Xingtai area is 2000-2050 yuan/ton. Downstream users in Shanxi remain interested in trading. As most of the major methanol plants have been shut down, the inventory of methanol companies has declined, shipments have been smooth, and manufacturers have raised their quotations. The current mainstream ex-factory price of methanol is 1,900-2,000 yuan/ton. The methanol market in Northeast China rose sharply last week. The main methanol plant operation is not high, the market supply stock is low, the downstream operation is gradually increasing, users have clear intention to enter the market, the trading atmosphere is relatively active, and the quotations of methanol manufacturers are rising. The operating rate of coal-to-methanol units is low, manufacturers are shipping well, and prices are rising strongly. The mainstream price is 2,000-2,200 yuan/ton. The natural gas methanol unit is operating normally. The increase in the operation of downstream acetic acid units has led to an increase in methanol consumption. Manufacturers have significantly increased their quotations, with mainstream quotations at 2,400-2,500 yuan/ton. Market transactions were better during the week, sellers' confidence increased, they continued to be optimistic about the market, and negotiated higher prices, with mainstream transactions at 1,700-1,850 yuan/ton. Brief market review. The domestic methanol market has softened. After the Spring Festival, some middlemen and downstream factories entered the market to replenish inventory, stimulating the active trading atmosphere. * * There is limited improvement in industrial starts and the market lacks sustained demand support. Therefore, as the pressure for price increases increases, buyers' intention to enter the market gradually declines. However, international methanol prices are currently rising, gradually raising the bottom of domestic methanol prices. At the same time, the start-up of domestic equipment is still very low, and equipment continues to join the ranks of shutdowns for maintenance, which makes the market supply have certain support in the face of the market. The market outlook for methanol is dominated by box shocks.