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Home > News > Market Flash > Methanol Guide: morning analysis of methanol market on December 27

Methanol Guide: morning analysis of methanol market on December 27

ECHEMI 2020-01-02

Methanol Guide: Methanol narrow range finishing in China yesterday. At present, the downstream market of methanol is in the off-season with limited demand support. The delivery of the enterprise is general. Some of the early-stage contracts are implemented, and the on-site trading is slightly deadlocked. In addition, due to the impact of environmental protection, some methanol and downstream units in Henan Province may have maintenance plans in the near future, and the specific progress still needs to be tracked. The operators are cautious and wait-and-see. On the port side, futures fluctuated higher, and spot prices rose accordingly. The market just needed replenishment, and the trading atmosphere was general. The short-term domestic methanol market may be dominated by narrow range shocks.

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