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Home > News > Paint & Coating News > Methanol Guide: morning analysis of methanol market on April 15

Methanol Guide: morning analysis of methanol market on April 15

ECHEMI 2020-04-21

Methanol Guide: Yesterday, methanol in the mainland was strong, but the port fell back. At the beginning of the week, the price of the northwest main production area was stable, and the inventory pressure of some enterprises around the Bohai Sea was not big, and the mainland remained strong. However, the current downstream receiving mood is general, the demand side support is limited, and some of the shippers have a more positive attitude towards shipment. In terms of ports, crude oil fell back to the low level again, futures were weak and volatile, and trading in the spot market was slightly deadlocked. The short-term domestic methanol market may be dominated by narrow range shocks.

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