On July 20, the methanol market rose slightly

According to the monitoring data of business agency, the average price of domestic methanol in East China port market was 2430 yuan / ton on July 20, up 3.46% from the previous trading day. On July 20, the main contract of domestic methanol futures m2209 closed at 2435 yuan / ton in late trading, up 96 yuan / ton or 2.35% from the closing of the previous trading day. The oil price is relatively strong. Yankuang Guohong, the main manufacturer, plans to overhaul the device, which is expected to drive the methanol market on the supply side. The overall market mentality is firm and wait-and-see, but the supply side is still relatively abundant at present. From the demand side, the downstream just needs to purchase. In the short term, the domestic methanol market is mainly volatile.

Thiourea