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Methanol Guide: analysis of methanol market on April 13

ECHEMI 2020-04-16

Methanol Guide: The domestic methanol market rose significantly last week. With the gradual release of local spring inspection information, especially the inventory pressure of upstream manufacturers is not large, and the majority of the operators maintain a strong mentality under the condition of obvious profit compression in the early stage; however, under the influence of international crude oil, there is still a large uncertainty on the macro level, and there are still obstacles in the process of port destocking, etc., which may inhibit the rise of spot goods. It is expected that the domestic methanol market will fluctuate and run as a whole this week, and remain strong in some parts.

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