Methanol Price Analysis

date: 03 March 2021

Global methanol was able to move up after reacting to the price of 310 $. Methanol fell several percent last week due to falling oil prices. And then at the beginning of the week, with the increase in demand in India and China, it reached the range of 340 $.

In terms of indicators, the price of methanol has reached a level that Experience a rapid slope every time prices have reached this level. Methanol appears to be ready to move to 360 $ and then 380 $ after reacting to this area.