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Methanol Guide: analysis of methanol market on April 9

ECHEMI 2020-04-15

Methanol Guide: Methanol continued to rise in China yesterday. The current inventory pressure in the northwest main production area is not great. In the performance of some contracts, the mentality of this week remained strong, and the prices of some manufacturers rose twice. The mentality of other surrounding cities is also positive, continuing the early rise, and the price focus continues to move up. On the port side, the crude oil narrow range shock on the macro side slowed down the support for futures, the delivery situation in the spot market was fair, and the price focus also remained strong. Domestic methanol market as a whole or maintain strong finishing.

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