How will methanol market move in the future

How will methanol market move in the future?

China methanol market will still be dependent on crude oil, coal and the pandemic. Though the turnaround season is expected to begin in Apr, both supply and demand may be anemic due to the measures to stem the pandemic. With methanol supply and demand largely balanced, the geopolitical issue and crude oil remain the dominate factor that affects methanol market. There’s also some uncertainties in the pandemic situation. After the price drop earlier, methanol market find a floor from firm coal cost. The price may stabilize with some upward space with the pandemic impact getting relieved