Methanol Guide: analysis of methanol market on March 27
Methanol Guide: The domestic methanol market continued to weaken yesterday. The enterprises in the upstream main production area have a stable shipment in the near future and a relatively strong mentality. However, the overall supply and demand side of the mainland is still weak. At the same time, freight rates have rebounded, and after the rapid decline, the support strength of the cost side appears. The epidemic situation in foreign countries continues to worsen, crude oil prices are low and consolidated, futures are weak, and spot ports are hard to get better. The short-term domestic methanol market is still dominated by weak finishing.
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