the spring turnaround season is also delayed due to the pandemic

On supply side, the spring turnaround season is also delayed due to the pandemic. In Mar, China domestic methanol plants with combined capacity of 2.35 million mt/yr underwent maintenance, much less than earlier expected, while 100kt/yr capacity restarted. Several plants postponed the maintenance due to restricted personnel and equipment available for plant maintenance with the spread of covid-19 pandemic. The capacity of domestic methanol plants to conduct maintenance is expected to increase to 6.55 million mt/yr in Apr, and 5.85 million mt/yr in May-Jun