Galaxy Futures: Future weather warming leads to supply returning, and methanol remains generally volatile and weak

Recently, the support for methanol prices still comes from seasonal factors, such as Iran’s winter gas restrictions and cold waves in Europe and the United States affecting operating rates. However, as the weather gradually warms, the operating rates in Iran and Europe and the United States will definitely increase. At that time, methanol supply should gradually ease. Additionally, domestic coal-based methanol profits are relatively high. After short-term fluctuations, there is a possibility of weakening in the later stage. (Galaxy Futures)

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