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

Methanol Guide: morning analysis of methanol market on November 25

ECHEMI 2019-11-28

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Methanol Reading Guide: The domestic methanol market overall rose last week. In Northwest China, the parking maintenance or load reduction devices are relatively concentrated, the supply inventory is reduced, and the early low-cost shipment is smooth, the manufacturer's inventory pressure is not large, and the multi mentality is positive and bullish. The main production areas also boosted the mainland market, and the downstream staged replenishment, especially at the end of last week, the strong rise of international crude oil boosted the confidence of the industry, and the futures market rose accordingly. This week, although the overall downstream demand has not significantly improved, the inventory pressure of Northwest manufacturers is not large, and the futures market is supported by the confidence of crude oil producers, and the short-term methanol market may tend to rebound upward. The domestic methanol market is expected to be stronger next week.

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