Weak atmosphere in domestic methanol market continues to be depressed

As of Friday's closing date, the inter-term price difference between methanol 1905 and 1909 was 61 yuan, while the long-term contract had a slightly stronger trend. Market climate is weak in spot market. Among them, Inner Mongolia market consolidation and operation, the northern line area quoted 2180 yuan, the southern line area quoted 2200-2250 yuan; Jiangsu market declined, spot offer price 2420-2470 yuan. As for the start-up rate, as of April 11, the start-up load of domestic methanol unit was 66.51%, and the ring ratio decreased by 8.02%. In the aspect of inventory, methanol inventory in coastal areas continued to drop to 987,600 tons, and the total available supply was estimated at 265,300 tons. On the downstream side, the average start-up load of domestic coal (methanol) olefin plants increased by 2.1 percentage points, while on the traditional demand side, the start-up rate of the formaldehyde industry increased slightly; MTBE, acetic acid and other industries started as a whole, but the methanol consumption proportion was small.