Methanol Guide: morning analysis of methanol market on January 2
Methanol Reading Guide: Before the festival, methanol rose in the mainland and fell in the port. Some methanol in Northwest China rose slightly, while downstream and traders entered the market to make up for empty space actively, with a good trading atmosphere. Affected by the rise of the main production areas, the mentality of the mainland industry is acceptable. The production enterprises are actively shipping, and the rising freight costs lead to the increase of costs in some regions, and the price focus in some markets has been raised. On the port side, spot prices fell as futures dived. The short-term domestic methanol market is expected to continue to maintain a strong trend, supported by the good shipment, strong mentality and rising freight of upstream enterprises.
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