Methanol Guide: morning analysis of methanol market on February 4

Methanol Guide: Yesterday's domestic methanol market was light. During the Spring Festival, although some methanol enterprises reduced the load or stopped, on the one hand, due to the lack of traffic and investment during the Spring Festival, on the other hand, affected by the epidemic situation, some provinces implemented strict traffic control, and many roads were closed, resulting in the increase of inventory pressure of most methanol enterprises. In addition, part of the downstream resume work time is delayed, part of the traditional downstream is expected to recover after the tenth five-year plan, and the basic situation is weak. Most of the traders have not yet returned to the market, and the transportation has not been restored. It is estimated that the short-term methanol market is still not active.