Nearly two weeks, the depth the domestic methanol market adjustment phase, the market continues to decline, sharply around the market panic, according to zhongyu information data statistics, compared the October 8, the domestic part of the main areas fall 140-320 yuan/ton, the market was down about 13%.

Early influenced by outside the northwest olefin mining, methanol business inventories in the northwest region is not high, although the forest in Inner Mongolia 300000 tons/year plant overhaul a week after the restart, but donghua parking for 600000 tons/year methanol plants, 600000 tons/year in qinghai hao parking recently, because of the limit of gas and yulin excelle 600000 tons/year methanol device has plans to overhaul a month or so, companies still support. But due to the poor downstream receiving, northwest of weeks inventory accumulation, and is impacted by the huating device recovery after the National Day, the guanzhong markets such as delivery pressure increased.

The current market is influenced by weak demand, the overall trading atmosphere is thin, the supplier under the background of pressure increases, the market overall trend downward. But also slashed its northwest area after shipment, some businesses discontinued, together with the late yulin excelle maintenance, market supply is still good. Although the current market downturn, temporarily not to form, but are ramified operation mentality, cautious wait-and-see. Short-term market is expected to range trade. Late market still need to focus on demand side can follow up and owners mentality change.