date: 23 Febuary 2021
Global methanol, like Brent oil, has fallen to 310 $ after breaking the key level. Methanol could not reach above 350 $ last weeks because of oil prices reduction.
However, due to increasing demand from India and China, methanol is expected to continue to grow at a declining trend. If it crosses the 350 $ price, methanol could move to its historical price of 390 $.