Methanol Guide: morning analysis of methanol market on December 24

Methanol Reading Guide: Methanol rose and fell in China yesterday. The inventory of some enterprises in Guanzhong was low, and the price rebounded slightly at the beginning of the week, while the market in Inner Mongolia and other markets mainly made up the decline. The trading atmosphere in other markets in the mainland is general. At present, the traditional downstream market is in the off-season of demand, and the mentality of the industry is generally weak. The factories near the spring festival mainly control inventory, and the performance of some markets is weak. On the port side, many foreign methanol plants were shut down for maintenance, which supported the mentality of the operators. The futures market fluctuated upward, and the spot market adjusted accordingly. The short-term domestic methanol market is dominated by narrow range shocks, with local or regional trends continuing.