In the year of 2016, China's demand for methanol grew steadily with Shenhua Yulin and China Coal Mengda starting their new methanol-to-olefins plants. In the meantime, methanol supply posted stable growth as well. Let's have a glance at supply availabilit
The most actively traded methanol contracts for May delivery hit upper limit on Monday. In East China, methanol spot market sustained range bound this week. It was bolstered by rebounds in inland China market.
The most actively traded May methanol futures on Zhengzhou Commodity Exchange slid Thursday to close 1.52% lower from last settlement. The spot market in East China shivered downward and transaction was lack of vigor.