Methanol Guide: analysis of methanol market on April 2

Methanol Reading Guide: Yesterday, the domestic methanol market rose and fell with cash withdrawal. The main production area enterprises are able to deliver goods. In addition, some devices are shut down. In addition, the support of cost surface is prominent, and some manufacturers raise the price in a narrow range. However, the current supply is abundant, and under the global outbreak, the terminal construction is not high, the downstream of methanol is also not profitable, and the enthusiasm for raw material procurement is not high. In the aspect of crude oil, the supply side of crude oil showed good performance, and crude oil futures prices jumped at the beginning of trading, so we need to pay attention to the impact on futures. The short-term domestic methanol market is dominated by narrow range finishing.