Introduction to Methanol: Morning Analysis of Methanol Market on March 19
Methanol Guide: The domestic methanol market fell as a whole yesterday. Due to the downstream consumption of raw material stocks, more methanol companies in the Mainland have poor shipments. Under the pressure of increasing inventory pressure, prices fell sharply during the weekend. At the same time, the futures market continued the previous decline. Port stocks are still in a state of accumulation. The mindset of the operators is dominated by the market, and the focus of port prices continues to dip. The short-term methanol market is expected to continue to fall due to the guidance price decline in Northwest China and the weak fundamentals. Later, we still need to pay attention to domestic methanol plant, downstream delivery, port inventory, freight situation and futures trend.
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