Methanol, also known as wood alcohol, wood alcohol, methyl hydroxide, its the simplest saturated alcohols.Chemical Formula: CH3OH. Methanol is wide range of uses, is the foundation of the organic chemical raw materials and high-quality fuel. Its mainly used in fine chemicals, plastics and other areas. Be used to produce formaldehyde, acetic acid, chlorine, methane, A ammonia, sulfuric acid dimethyl ester and other organic products, Its also a pesticide, medicine, one of the important raw materials. Meanwhile, methanol can be used as a new type of clean fuel after the deep processing.
Methanol spot forward trading contract parameters of GCEC:

Methanol Quality Standards:
Methanol indicators determined by national standard GB 338-2004 grade product quality indicator.
Based on now using the quality standards for settlement of Methanol—GB338-2004"The National Standard of China - Methanol for industrial use" quality product standards, GCEC make the following adjustments on some parameters.
1 、Cancel clause in the original standard :  Ethanol mass fraction /% must by mutual agreement of Buyers and sellers
2、 Water miscibility test implement adopted test（1+9）
3、Other parts without making adjustments, following table shows the adjusted standard.