Methanol Guide: Morning analysis of methanol market on December 19

Methanol Reading Guide: Methanol continued to decline in China yesterday. Although the maintenance plan of some units in Lunan is favorable to the market, the downstream is in the off-season of demand at present, and the overall receiving mood is not high. In addition, at the end of the year, the enterprise withdraws funds, and the enthusiasm of some manufacturers for delivery and warehouse arrangement is enhanced. Under the influence of various factors, the negotiation focus of some markets in the mainland continues to decline. On the port side, the trend of futures is declining, the port spot is weakening, and the regional trading is limited, so the operators are more cautious and wait-and-see attitude. The short-term domestic methanol market is dominated by a narrow range of shocks, partial or continued weak operation.