The correlation between coking coal and methanol is relatively large, and there is no directly related variety in China. Upstream, we can pay attention to peripheral futures such as oil and natural gas. The domestic methanol market is dominated by coal, accounting for 66%. At present, there are no directly related varieties in China, but according to the news, coking coal may be listed on Dalian Commodity Exchange, so it has a great correlation with methanol. We can pay attention to formaldehyde, acetic acid and dimethyl ether from the downstream. Now methanol to olefins is also very popular, and the research on methanol should be understood. The main factors affecting the fluctuation of methanol futures price are: 1, macroeconomic trend. As an important basic organic chemical raw material, methanol is widely used in the national economy, and the macroeconomic trend will inevitably affect the market demand of methanol, thus affecting the price of methanol. Therefore, from the perspective of supply and demand, the sustained improvement of macro-economy will inevitably lead to an increase in methanol demand. 2. National Policy China's resource endowment is characterized by "rich coal, poor oil and little gas". With the decrease of oil resources and the increase of methanol production in the world today, methanol has become a trend as an alternative energy source. 3. International energy prices. Because more than 90% of international methanol production facilities use natural gas as raw material, the fluctuation of natural gas price will definitely affect the fluctuation of international methanol price. In recent years, oil prices have fluctuated widely at a high level, and methanol prices have also fluctuated frequently.