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SunSirs: China Methanol Market continued to be depressed on December 20
December 21 2021 14:50:56SunSirs(Selena)

According to the monitoring data of SunSirs, the average price of domestic methanol production enterprises was 2,627 RMB/ ton on December 20. The inventory of enterprises is low, and the selling prices of major production enterprises in Northwest China may be relatively strong. High freight rates, traders operate with caution. The Iranian nuclear issue has released positive signals, and the international oil price has declined, but the coal price is relatively strong, and the methanol futures run strong under the support of cost. Short term China methanol market or consolidation.

 

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