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Home > News > Paint & Coating News > Methanol Guide: morning analysis of methanol market on December 26

Methanol Guide: morning analysis of methanol market on December 26

ECHEMI 2020-01-02

Methanol Guide: Methanol rose and fell in China yesterday. In the near future, the number of port arrivals is relatively limited, local port inventory goes to the warehouse for maintenance, and foreign devices are relatively concentrated in parking or planned maintenance, so many good news stimulate the area of the footwall to be extremely high. Port spot market operators have a strong mentality and adjust prices with the market. However, the mainland is still weak, the supply and demand fundamentals have not changed much, and the price of some negotiated large orders in the main production areas is slightly low. The waiting atmosphere of the mainland industry is strong, the overall transaction atmosphere is general, the local inventory pressure is large, and the shipping intention is strong. Short term domestic methanol market or regional trend continues.

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