According to the monitoring data of SunSirs, on October 20, the domestic methanol port in East China was 2,898 RMB/ ton, up 0.42% from the previous working day and down 28.66% year on year. On October 20, the methanol futures of Zhengzhou Commodity Exchange rose in shock. The main contract MA2301 closed at 2,699 RMB/ ton in late trading, up 45 or 1.70% from the previous trading day.

Crude oil runs in shock, and coal price is strong to support production costs. In terms of spot goods, the supply in the domestic mainland market increased, and the port market continued to de stock mainly. The main price body of the domestic methanol market was stable, with some narrow adjustments, but the adjustment range was not large, and the mainstream transactions were stable.

The short-term China domestic methanol market is mainly arranged.

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