Methanol Guide: morning analysis of methanol market on February 19

Methanol Guide: The domestic methanol market was still dominated by finishing yesterday. The logistics and transportation in some markets have improved, the number of vehicles has increased compared with the previous period, the enthusiasm of traders to prepare goods has increased, the inventory pressure of some enterprises in the northwest and Bohai rim has eased, and the manufacturers have made tentative exploration. However, the current downstream recovery of terminal is still slow, and some MTO devices in East China have maintenance plans, while the demand side is still bad, and some operators are still cautious. In terms of ports, futures fluctuated and declined, and there were occasional replenishments in the lower reaches of the region, some of which were mainly small orders. Short term domestic methanol market may be dominated by narrow range shocks.