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SunSirs: Methanol Market Weekly Report (4.17-4.21)
April 23 2023 13:42:13()

On April 21st, the benchmark price of methanol for Business Society SunSirs was 2550.00 RMB/ton, a decrease of -0.46% compared to the beginning of this month (2561.67 RMB/ton).

According to the Commodity Market Analysis System of SunSirs, the domestic methanol market has risen in a narrow range. From April 17th to 21st (as of 15:00 in the afternoon), the average price of the East China port in the domestic methanol market increased from 2530 RMB/ton to 2570 RMB/ton. During the cycle, the price increased by 1.58%, decreased by 0.84% month on month, and decreased by 9.82% year-on-year. The price of raw coal has decreased, and cost support is weak. However, the current market circulation is low, and it coincides with the May Day downstream stocking. The market buying and selling atmosphere is good, and the methanol market continues to rise.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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