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Home > News > Market Flash > Methanol Guide: morning analysis of methanol market on February 13

Methanol Guide: morning analysis of methanol market on February 13

ECHEMI 2020-02-19

Methanol Guide: The domestic methanol market was still weak yesterday. It is difficult to boost the main downstream demand. In addition, although the logistics and transportation situation has been alleviated, there is still some resistance in the long-distance transportation, and the shipment situation of upstream manufacturers is not good. In the near future, some new units will stop or reduce the load. The trading situation in various markets is light, and the price center of gravity moves down one after another. However, in the case of insufficient support from the spot market, the futures market also weakened significantly, and the port spot market fell with the market. The recovery of market fundamentals is slow, and the short-term domestic methanol market is dominated by weak shocks.

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