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Methanol is expected to rise again supported by cost factors

Release time:[2016-11-4]     Browse the number:8008

Fundamentals, a good environment in the outer disk device maintenance supply reduction, rising coal prices and other costs up more than under the warm wind blowing, the domestic methanol futures showed accelerated upward trend. Last week, the main 1701 methanol contract rose more than 6% of the total, yesterday is to make persistent efforts, the price rose 5% in daily limit. Although the current external financial market risk aversion mood warming, methanol futures may bring some negative impact, but relying on its own good fundamentals, methanol market outlook is still expected to continue a strong pattern. The recurrence of the US presidential election risks surfaced

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