As far as the future market is concerned, methanol is in a fierce tug-of-war between “strong geographical reality” and “negative demand feedback.” Short-term geo-risk premiums are still difficult to systematically subside, and the valuation support brought about by the blockage of the Strait of Hormuz may not completely disappear. However, the reduction in demand corresponding to the procurement of all MTO parking lines overseas is rigid and quantifiable, and the window for switching from extremely low depletion of port inventory to a slight accumulation of storage is opening. The cost performance ratio of methanol continues to chase, and the continued accumulation of negative feedback on the demand side may be setting the upper boundary for this round of geographically driven markets.

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