Methanol Guide: morning analysis of methanol market on January 13

Methanol Guide: Last week, the domestic methanol market as a whole was strong and higher. The inventory pressure in the main production area of Northwest China is not large, and there is no pressure of stock discharge in a short period. In the recent rainy and snowy weather, freight rates remain high. However, formaldehyde and other downstream devices are shut down in succession, and the downstream stock up is gradually coming to an end, and the demand may be weakened. Port futures turn to be rational, and it is expected that the short-term will be dominated by shocks, but the geopolitical conflict still remains uncertain, or has a certain impact on the price of the period. The short-term domestic methanol market is mainly consolidated, and the probability of regional trend is large.