China methanol prices in Shandong firm on tight supply

摘要

SINGAPORE (ICIS)--China’s domestic methanol spot prices in Shandong are likely to stay firm in the next few weeks on restocking activity amid tight supply. 1. Plant shutdowns tighten spot supply, 2. Arbitrage window to Shandong from nearby markets almost shut, 3. Buyers restock ahead of late- September/October holidays.