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Home > News > Paint & Coating News > Methanol Guide: morning analysis of methanol market on February 14

Methanol Guide: morning analysis of methanol market on February 14

ECHEMI 2020-02-19

Methanol Guide: The domestic methanol market was still weak yesterday. The traditional lower reaches of the mainland resumed construction and remained at a low level. Local logistics was still limited in the short term. Methanol enterprises were slow to ship, and the inventory pressure was high, so they continued to cut prices. In addition, the mentality of traders is to operate on the market with obvious wait-and-see mentality. On the port side, the futures market is low and volatile, the port spot market is narrow and consolidated, the regional gas buying is not good, the actual transaction situation is general, and the operators are more wait-and-see mentality. The recovery of market fundamentals is slow, and the short-term domestic methanol market may continue to be weak mainly.

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