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Home > News > Paint & Coating News > Methanol Guide: morning analysis of methanol market on November 5

Methanol Guide: morning analysis of methanol market on November 5

ECHEMI 2019-11-07

acrylic-or-enamel-paint

Methanol Guide: Regional trend of domestic Methanol market yesterday. The manufacturers in the northwest main production area have low inventory, and some devices are shut down or have maintenance plans. The supply side is well supported and the performance is relatively strong. However, the heavy pollution warning has been issued again in many areas of the country. The start of downstream plate plants has fallen to the freezing point, and formaldehyde plants have also stopped production in varying degrees, which directly affects the consumption of raw methanol. Downstream mentality wait-and-see, receiving enthusiasm is not high, leading to the Bohai Sea and Huaihai and other factories to reduce prices. Port to clear inventory, as well as strong futures, spot small shocks rebound. Under the background of multi AIR interweaving, the short-term domestic methanol market is mainly in shock consolidation, and the regional trend may continue.

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