Methanol Guide: morning analysis of methanol market on February 3

Methanol Guide: The overall methanol market has not changed much. The methanol market in Shandong Province is stable temporarily, and the methanol price in Central China is stable and small. Affected by the environmental protection, some units in Henan Province are under maintenance or load reduction; the methanol market in North China is stable temporarily. In the early stage of Southwest China, most of the natural gas methanol plants have been restarted before the festival, and the regional methanol supply has increased; in the Northwest China, the overall operation is temporarily stable today. Methanol plants in many areas operate normally, but affected by the epidemic situation, traffic in many areas is limited, transportation is blocked, shipping is difficult, and many manufacturers store and accumulate methanol plants. It is expected that methanol market will be mainly sorted this week. In the later stage, we should pay close attention to the commencement, inventory and downstream demand of each region and operate cautiously.