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Annual fluctuation law of methanol futures
The lowest in June and the highest in September 10. Methanol, also known as hydroxymethylmethane, is an organic compound, which is mostly used to make formaldehyde and pesticides. In June, due to the harvest of wheat in the north, the sowing of mid-season rice in the south, and the wet and rainy summer in the south, the price of methanol reached the lowest in the year. From September to 65438+10, the downstream products of methanol, such as dimethyl ether and formaldehyde, entered the peak consumption season one after another, and the prices rose rapidly, reaching the highest point in the year.