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Home > News > Paint & Coating News > Methanol Guide: morning analysis of methanol market on January 21

Methanol Guide: morning analysis of methanol market on January 21

ECHEMI 2020-02-04

Methanol Guide: Yesterday, the domestic methanol market was in a weak and stable operation. Most of the downstream goods preparation operations have been basically completed, and some replenishment negotiations still exist in a few regions. With the Spring Festival approaching, most of the operators have left the market on holiday, and the market has a strong holiday atmosphere. On the port side, crude oil futures rose in the day, supporting the small increase in opening of methanol futures. Although there are still some goods in stock, the spot offer is rare, the downstream purchase intention is poor, and the negotiation atmosphere is weak. Methanol market was light and stable before the festival.

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