Price trend

According to the monitoring data of SunSirs, the average price of domestic methanol of production enterprises on March 23 was 3,045 RMB/ton, an increase of 4.28% from the previous trading day and a year-on-year increase of 30.83%.

Analysis review                                          

Raw coal prices remained high, and methanol production costs were supported. The inventory of production enterprises was not high, and the domestic methanol market was relatively strong. Downstream users in many places were mainly based on rigid needs.

Market outlook

In the short term, the domestic methanol market is volatile to be strong.

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