Last week, the domestic methanol market experienced weak volatility. The capacity utilization rate of domestic methanol plants remained high, yet downstream purchases remained rational, leading to an overall weak and volatile trend in the inland market.
The arbitrage window between inland and port prices remained open, allowing ample supplies of domestically produced methanol to replenish the coastal market. Despite low arrivals of foreign tankers, olefin production in ports was operating at low levels, and port inventories continued to accumulate. Consequently, the port market also maintained a trend of weak volatility.
