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Home > News > Market Flash > Methanol Guide: morning analysis of methanol market on February 12

Methanol Guide: morning analysis of methanol market on February 12

ECHEMI 2020-02-19

Methanol Guide: The domestic methanol market was still weak yesterday. Some enterprises in the main production area have introduced new low prices, but the recovery of logistics is slow, transport vehicles are limited, and the actual delivery situation is general. The downstream start-up is still on the low side, and the demand side is difficult to form support. The inventory of upstream methanol enterprises is mostly high, and the delivery pressure of manufacturers is obvious. Under the background of weak overall transaction in the market, local market prices are falling again. On the port side, futures fluctuated, traditional downstream construction resumed slowly, and market buying was weak. The recovery of market fundamentals is slow, and the short-term domestic methanol market is dominated by weak shocks. 

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