Introduction to Methanol: Morning Analysis of Methanol Market on August 23
Methanol Guide: Domestic methanol continued to decline yesterday. Parking overhaul of Changqing and other devices is good for the market, but the downstream demand is still weak at that time, which makes it difficult to support the market. At the beginning of the week, the new price in Northwest China fell sharply, and the pessimistic mentality on the market remained. Shipments in Bohai Rim and Huaihai Rim markets were blocked and Profit-giving operations were the main ones at the beginning of the week. In addition, as the national day money environmental protection efforts continue, FORMALDEHYDE and other traditional downstream construction may be difficult to improve. On the port side, futures are weaker and volatile, and port prices are weaker, and intra-regional trading is normal. Short-term methanol market is mainly partial or continued to decline.
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