HCBBS Forum (English)
Submit Chemical Projects / Find Solutions
Amplify Your Requirements on a Broader Chemical Platform *Engineering · Technology · Equipment · Solutions*
Submit Request

Forecast for domestic market trends on March 22

2019-03-22View Original

Thread Content

On March 22, the domestic market is expected to show volatile consolidation in the methanol sector. The JiuTai MTO plant in the Northwest region has been successfully put into operation; with the spring maintenance period approaching, some enterprises in that region have stopped selling their products. Driven by positive developments in other regions, the sentiment among businesses in the Bohai Sea area is somewhat more optimistic. Manufacturers are mainly adjusting their prices in a volatile manner, while traders maintain firm quotes; small orders are being closed ; Demand from some downstream enterprises in the Huaihai region is improving, prompting manufacturers to raise prices slightly on a tentative basis ; In the port sector, futures prices remained volatile at high levels, while negotiation prices rose and buying interest improved. Driven by positive news such as the spring inspections in the mainland, and considering the tax cuts set to take effect next month, some merchants are holding back their goods and being reluctant to sell. In the short term, the domestic methanol market is expected to experience modest fluctuations, with regional trends continuing. In the coming period, attention will still need to be paid to the status of domestic methanol production facilities, downstream demand, port inventory levels, freight costs, and futures trends.

Submit a Project

**Looking for Chemical Technology, Equipment & Solutions?** No Registration Required Broader Platform Exposure | Global Chemical Service Provider Connections

Submit Request — Free Consultation

Disclaimer

This is an automated machine translation of the original thread. Some technical terms may have inaccuracies; the original text shall prevail. Click "View Original" at the top right to access the source page, which supports IP-based automatic real-time language translation. Please watch out for contact details and sales inducements to prevent fraud. All content and translations are for reference only, representing solely the poster's personal views. For enquiries, email service@hcbbs.com.