Methanol Night Session Rises ~3.9%; Coking Coal, PVC, PTA Gain

The synchronized advance across methanol, coking coal, PVC, and PTA suggests a broad-based risk-on shift in Chinese industrial commodities, likely tied to macro sentiment or policy expectations rather than feedstock-specific fundamentals. Methanol's outsized move relative to the others may indicate positioning or supply concerns, but the absence of a catalyst in the item leaves the driver unclear. The key question is whether this breadth persists into the next session, as a uniform rally often signals speculative momentum that can reverse quickly if macro cues fade. Watching for divergence among these contracts would clarify if the strength is durable or merely a fleeting wave.