Price trend
According to the monitoring data of SunSirs, the average price of domestic methanol of production enterprises on March 16 was 2,862 RMB/ton.
Analysis review
International oil prices continued to fall, coal prices were adjusted, methanol cost support was weakened, upstream supply was abundant, transportation was limited, and downstream receipts were insufficiently motivated.
Market outlook
In the short term, the methanol market may be weakly consolidated.
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