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Home > News > Paint & Coating News > Methanol Guide: morning analysis of methanol market on April 17

Methanol Guide: morning analysis of methanol market on April 17

ECHEMI 2020-04-22

Methanol Guide: Weak domestic methanol market finishing yesterday. The overall inventory pressure of the manufacturers is not great, but the downstream demand support is slightly insufficient, and the receiving mood is not good under the high price resistance, and the price focus in some regions continues to narrow and loose. On the port side, the trend of crude oil on the macro side was not enough to boost, and the spot price of the port weakened accordingly, so the operators were more cautious and wait-and-see attitude. The short-term domestic methanol market may be dominated by a narrow range of shocks, not excluding the possibility of local shocks.

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