Methanol Guide: analysis of methanol market on March 31
Methanol Guide: The domestic methanol market continued weak consolidation yesterday. In Xianyang chemical industry of Shaanxi Province, the plant is shut down, the supply in the region is reduced, and the mentality of upstream enterprises is acceptable. However, the enthusiasm for receiving goods downstream is still not high, and there is a stalemate in on-site trading. The international crude oil market has been hit by price war and demand crisis. The external factors are short. Methanol futures continue to explore the bottom. The short-term domestic methanol market is still dominated by weak finishing.
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