Methanol Guide: analysis of methanol market on April 20

Methanol Reading Guide: Yesterday's domestic methanol market rose first and then fell. Despite the low inventory level at the beginning of the week, the upstream factories increased significantly. However, limited by the weak demand side and low macro factors such as continuous innovation of crude oil, some manufacturers recalled under the pressure of poor delivery in the second half of the week. At present, the inventory pressure of some enterprises is not high, and there is still a parking and maintenance plan for the plant Village, so the manufacturer's mentality may be relatively strong; however, the price may continue to be constrained by the limited downstream demand volume. The short-term supply-demand game is still prominent. It is expected that the domestic methanol market will operate in an overall shock this week, not excluding the possibility of partial decline.