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The most actively traded January methanol futures contract on the Zhengzhou Commodity Exchange opened 38 yuan/mt higher at 3,501 yuan/mt in the evening session of October 30. The report covers only the opening move and gives no cause.
Methanol is not among the tracked feed or grain symbols, so the move has little direct bearing on feed prices. It is routine price commentary.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.