Methanol Guide: morning analysis of methanol market on January 8
Methanol Guide: Yesterday, the domestic methanol mainland was strong and the port was consolidated. The inventory of enterprises in the main production area is not high this week, and some enterprises continue to raise their prices. Recently, there are many rainy and snowy weather in China, the roads are closed, and the market around Bohai Sea and other places has not much circulation. In rainy and snowy weather, logistics vehicles gradually reduced, freight remained high, and driven by the port, Huaihai and other inland areas rose sharply. On the port side, the US Iraq incident affected crude oil, and the spot price of the port remained high. However, the downstream was cautious about purchasing high priced raw materials, and the transaction was a little general. Short term domestic methanol market may maintain strong operation.
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