Methanol operating rates decline, company inventories decrease

Although methanol production profits have recently surged significantly and companies are highly motivated to produce, the methanol operating rate declined this week. At the same time, company inventories continued to decrease, and the recent price increase has been too rapid. During the week, buying interest in chasing prices continued to be cautious, and downstream companies mostly digested previous orders, with new order procurement volumes shrinking compared to earlier periods. (Longzhong Information)