Methanol Guide: analysis of methanol market on April 10
Methanol Reading Guide: Yesterday, methanol in China continued to rise. The inventory of some enterprises in the main production area of Northwest China is controllable, and some manufacturers stop selling, so they have a strong mentality. Driven by the rising price in Northwest China and the expected higher crude oil price, other markets in the mainland have a positive operating attitude and the price has remained strong. But on the whole, the traditional downstream demand is general, some MTO units are shut down for maintenance, and crude oil is not rising as expected, which is expected to have a certain impact on the mentality. The short-term domestic methanol market mainly fluctuates in a narrow range.
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