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Analysis and forecast of domestic methanol price trends on December 14

2016-12-15View Original

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Domestically: The downstream market has gradually entered the off-season recently, with overall trading activity weakening and demand from downstream sectors declining. Currently, prices in some areas are excessively high, and adjustments have begun in certain regions. Northwest region: New prices have seen a slight increase; sales inventory is at low levels, which helps to keep prices stable. The Bohai Rim region: Due to environmental regulations that force manufacturers to reduce or limit production, coupled with a limited supply from the northwest, inventory levels in this region are low. Currently, inventory levels among downstream users are high, resulting in modest purchasing enthusiasm. As weather conditions improve, freight costs return to normal levels, leading to a slight decline in the overall market price. Port area: Slight decline. Forecast: The domestic methanol market is expected to show an overall downward trend.
Reply #22016-12-17
Summary post on the methanol market situation and prices in December 2016: http://bbs.hcbbs.com/thread-1647549-1-1.html (Source: Haichuan Network)

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