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Home > News > Paint & Coating News > Introduction to Methanol: Morning Analysis of Methanol Market on August 13

Introduction to Methanol: Morning Analysis of Methanol Market on August 13

ECHEMI 2019-08-15

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Methanol Guide: Mainland Methanol market maintained an upward trend and port consolidation yesterday. At the beginning of the week, the northwest guiding price continued to rise, which supported the downstream obviously. In Shandong, Henan and Guanzhong parts of the Mainland, the situation of plant stopping or load reduction is relatively centralized, the overall supply is relatively tight, the mindset of the operators is positive to BID, and the Srbang olefin plant has been restarted over the weekend. At present, the demand is good in the load increase. However, on the port side, high inventory consumption is still blocked, the atmosphere of spot delivery is slightly general, futures shocks, the industry is accompanied by more. Short-term methanol market or maintain strong.

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