According to the monitoring data of SunSirs, the average price of domestic methanol from production enterprises on May 16 was 2,650 RMB/ton, a decrease of 5.78% from the previous month and a decrease of 2.84% from the same period last year.
Analysis review
The methanol market opened high and moved low, and the overall transaction was weak.
Market outlook
There are both long and short factors in the market recently, and it is expected that the methanol market will be mainly organized in the short term.
