China methanol supply keeps ample in Apr, with some plants restarting after the maintenance. Methanol market is in the lack of advancing momentum, with buyers adopting wait-and-see approach while methanol importing rebounding. Methanol market is expected to keep weak in the short term with downward
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 lar
1. What are the impacts on methanol market?China methanol market has been fluctuating heavily since Mar, driven up by the spikes in crude oil but then pulling back with crude oil correcting down. Then, with the spread of pandemic in China, methanol market was weighed lower. It can be easily seen tha
In terms of demand, Sep and Oct are typically the peak demand season, however, the expectation of improvement in demand for methanol has also not materialized. The average operating rate of downstream plants declines due to drops in MTO and MTBE operating rates. Olefin margins are squeezed, and thus