# Shanghai Commodity Methanol Moving Average Spread Narrows Further to 2.66 Yuan/Ton on November 2

> The 10-day minus 20-day moving average spread for methanol, as monitored by the Shanghai Commodity News service, stood at 2.66 yuan per ton on November 2, down from the prior positive reading. The spread is positive, meaning the 10-day average remains above the 20-day average, but the gap is narrowing.

- Date: 2026-11-02 · published 2026-11-02T21:28:45.692Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/76226-shanghai-commodity-methanol-moving-average-spread-narrows-further-to-2-66-yuan
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

This is a technical indicator describing slowing upward momentum in methanol spot prices, with no new supply or demand cause. It has minimal direct relevance to animal-feed commodity supply or prices.

## Sources

- 100ppi.com: https://www.100ppi.com/news/detail-20261102-6433178.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.