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Home > News > Paint & Coating News > Introduction to Methanol: Morning Analysis of Methanol Market on April 17

Introduction to Methanol: Morning Analysis of Methanol Market on April 17

ECHEMI 2019-04-24

Methanol Guide: The domestic methanol market continued to decline yesterday. In the northwest part of China, there is not much local supply, but because of the low intention of downstream delivery in Guanzhong area, the price of manufacturers'shipments has continued to fall; in addition, under the influence of environmental protection pressure, the downstream demand still needs to be restored. In the mood of short market, users and traders in Huaihai, Bohai Rim and Huazhong downstream are not in a high mood to receive goods, which forces upstream enterprises to lower prices and sell in the market. There was a strong air of bearishness. The short-term domestic methanol market is still weak.

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