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Home > News > Paint & Coating News > Methanol Guide: analysis of methanol market on April 16

Methanol Guide: analysis of methanol market on April 16

ECHEMI 2020-04-21

Methanol Guide: The domestic methanol market fell back in a narrow range yesterday. At present, the downstream receiving mood is general, the demand side support is limited, and some of the shippers have a more positive attitude towards shipment. In the context of poor shipment, some methanol enterprises in the upstream cut prices for sales, and the overall market trading atmosphere is stalemate. On the port side, the oil price has reached a new low, which is negative for energy products, and the port has been slow in de stocking. The short-term domestic methanol market is weak, and some regions may go down.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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