According to the monitoring data of SunSirs, the domestic methanol port in East China was 2,671 RMB/ton on December 6, up 0.06% from the previous working day and 0.36% year on year. On December 6, the methanol futures of Zhengzhou Commodity Exchange was slightly volatile, and the main contract MA2301 closed at 2,502 RMB/ton in late trading, down 2.68%.

Crude oil fluctuated widely, and methanol futures were weak. In terms of spot goods, the production enterprises started the construction of the devices basically stably. In order to actively arrange the inventory, the quotation of the production enterprises was reduced by about 50-100 RMB/ton. The traders and downstream customers were in a general mood of receiving goods, and most of them purchased on demand.

China domestic methanol market may be weak in the short term.

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