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Home > News > Paint & Coating News > Methanol Guide: morning analysis of methanol market on October 25

Methanol Guide: morning analysis of methanol market on October 25

ECHEMI 2019-10-30

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Methanol Guide: Yesterday's port consolidation, the mainland continued to decline. After the main methanol enterprises in Inner Mongolia, Guanzhong and other places reduced their prices for sales, some arbitrage space opened, traders actively received goods, and some enterprises stopped selling. However, a new round of AIR pollution remediation started in Shandong, Hebei and other places, FORMALDEHYDE and other traditional downstream affected and construction started to decline, which restrained the demand for methanol. Users around the Bohai Sea and the lower reaches of the Bohai Sea region did not have a high intention to receive goods, and the market continued to decline. On the port side, the buyer and the buyer are facing each other and the market atmosphere is deadlocked. The factory inventory in the main production area decreased and the enterprises stopped selling, but the overall demand in the consumption area is still in a low level. Multi air interweaving, short-term domestic methanol market or due to shock finishing. 

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