7 East and more methanol enterprise collective price increase, the futures contract is trading again, hit a new high this year. The spot market, 6 methanol enterprise price rose nearly 8%, this year rose more than 50%.
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It is understood that the current market tight supply, the downstream enterprises to increase the purchasing power of methanol. In addition, some equipment maintenance and further reduce the supply of methanol, methanol prices boost.
The fourth quarter of this year since the methanol market appears to accelerate the rising trend:
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