Methanol Guide: morning analysis of methanol market on October 31

Methanol Guide: Yesterday, the domestic Methanol market was mainly stable. The production enterprises in the main production areas in Northwest China have a smooth shipment and a small inventory. Some enterprises have stopped selling, and the overall performance is strong. Some units in Lunan and other places have been shut down, and local supply has been reduced, which is good for local support. But at the same time, the industry also reflects that the performance of traditional downstream acetic acid and FORMALDEHYDE is general, users have some resistance to the current price, the enthusiasm for receiving goods is not high, and the market has some resistance to push up. In terms of ports, the overall performance of futures is weak, the fluctuation of port spot market is not big, the trading in the market is general, and the wait-and-see is the main thing. Short term domestic methanol market may be attributed to shock finishing operation.