Asia
Methanol: Prices drop $3.50-$10.50/mt onweek amid weaker outlook-
Bearish foundations in Southeast Asia, South Korea-
Large methanol inventories in Kandla, India. Expected to riseThe
outlook for South Korea for April was mixed. Sources indicated that
although there was plenty of supply from the US and Middle East, downstream
polyoxymethylene was weakening and formaldehyde was in short supply in certain
parts of the country. CFR China's methanol was $3.50/mt lower week-on-week
at $310/mt on March 17. CFR China methanol fell $3.50/mt weekon week at
$310/mt March 17. We received buying interest earlier thisweek at
$300-$305/mt but now most players in the market are in awaitand-watch
mode." Market sentiment looks depressed after the sudden crude oil crash
and the SVB collapse.Asian
Methanol Daily Rationale & Exclusions









Methanol
prices remained stable at $310.50/mt CFRChinaMarch 17, despite...