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Chinese methanol futures rose on November 11, with MA Taicang spot trading at 3,635-3,680 yuan. National methanol plant utilization was 76.05%, and MTO plant utilization was 50.25%, with port and enterprise inventories moving in different directions.
Expected MTO restarts and tight low inventories support methanol prices, while geopolitical uncertainty over Strait of Hormuz shipments keeps trading volatile, a mostly indirect link to feed costs.
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.