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Home > News > Paint & Coating News > Methanol Guide: morning analysis of methanol market on January 10

Methanol Guide: morning analysis of methanol market on January 10

ECHEMI 2020-01-15

Methanol Reading Guide: Yesterday, methanol continued to rise in the mainland, while the port fell. Due to the increase of transportation cost and other factors, the overall mentality of the mainland is strong. Due to the cooling of the US Iraq conflict, the crude oil price dropped, while the methanol futures affected by the external environment also recovered rationally in the day. Affected by futures, Huaihai and the port area turned to watch cautiously, and the market trading in the region turned weak. The short-term domestic methanol market may be attributed to rational consolidation, which does not exclude the possibility of regional trend differentiation.

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