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Home > News > Paint & Coating News > Methanol Guide: morning analysis of methanol market on February 11

Methanol Guide: morning analysis of methanol market on February 11

ECHEMI 2020-02-19

Methanol Reading Guide: Yesterday, the domestic methanol market was light, partial weak. At present, the logistics recovery is slow, local traffic is still blocked, and the downstream construction is still low, and the demand side is difficult to form support. The inventory of upstream methanol enterprises is mostly high, and the manufacturer's shipping pressure is obvious. Under the background of weak overall transaction in the market, the local market price is falling again. On the port side, futures fluctuated, and the downstream recovery was slow. The atmosphere of negotiation was general, and most of the industry followed. At present, the epidemic situation is still in the outbreak period, the market fundamentals are recovering slowly, and the short-term domestic methanol market is mainly weak and volatile. 

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