Methanol Guide: morning analysis of methanol market on February 6
Methanol Guide: Yesterday's domestic methanol market was light. Affected by the epidemic, the Spring Festival holiday has been extended, and at present, some operators have not returned to the market. Methanol and some downstream enterprises started to maintain low load, with few offers from manufacturers, and limited logistics traffic. The overall traffic in the site was light, and the wait-and-see atmosphere dominated. In terms of ports, the chemical futures market rebounded generally in the early trading, and the port methanol price rose with the trading. In the short term, it will take time for the supply and demand of the market to recover, while the domestic methanol market is dominated by weak shocks.
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