Methanol Guide: morning analysis of methanol market on January 20
Methanol Guide: Yesterday, the domestic methanol market was mainly narrow range finishing. With the approaching of the Spring Festival, most of the downstream formaldehyde and other enterprises have stopped, and the users have basically completed the goods preparation before the festival. At present, the main transactions are mainly based on the early-stage contracts. In addition, some vehicle transportation is gradually stopped, and downstream and traders may be delisted one after another, so the circulation of goods source is greatly restricted. On the port side, there is a lack of futures guidance, and spot offers are rare, and trading is weak. Methanol market was light and stable before the festival.
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