Who can tell me what the future trend of methanol prices will be?
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Recently, the price of methanol has soared; it is said to have reached 3,300. Can anyone tell me what the future trend for methanol prices will be?
I hope they can remain strong going forward. However, with so many players in the methanol industry domestically, the situation isn’t very optimistic. If it’s possible to develop and expand the downstream products, then there is quite a lot of potential. That’s just my personal opinion!
Reply to 2# wawjia: It can’t last for long; it’s definitely a short-lived market trend. Under the current circumstances, around 2500 should be normal; it’s impossible to sustain a level that high.
It seems that production capacity is already excessive; it depends on the efforts in developing downstream products and their application