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Home > News > Paint & Coating News > Methanol Guide: morning analysis of methanol market on February 18

Methanol Guide: morning analysis of methanol market on February 18

ECHEMI 2020-02-20

Methanol Guide: Weak finishing operation of domestic methanol market yesterday. High speed and free of charge, the automobile transportation logistics has been improved to a certain extent, the transportation cost has been reduced, and some upstream enterprises have tentatively increased. However, the recovery of logistics is still slow. In addition, the traditional downstream is still limited in production or parking, and the recovery of demand side is extremely not optimistic. On the port side, the futures drive the spot price higher, but affected by the downturn in demand, the real negotiation on the spot market is limited. The recovery of market fundamentals is slow, and the short-term domestic methanol market may continue to be weak.

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