Methanol Guide: morning analysis of methanol market on December 25

Methanol Guide: Methanol trend in China was weak yesterday. The upstream performance is different. The inventory of some enterprises in central Shaanxi is low and the price is firm. However, the shipment of enterprises in Shaanxi and Mongolia is average, and some of them are down. At present, the traditional downstream is in the off-season of demand, with large-scale shutdown of the plate plant and continuous reduction of the overall formaldehyde load. The traditional downstream is in the off-season of demand, and the factories near the spring festival mainly control inventory, and the local market continues to decline. On the port side, futures fell, which depressed the mentality of the industry. The overall atmosphere was mainly wait-and-see. The short-term domestic methanol market may be dominated by narrow range shocks.