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Methanol operating rates show limited change, and company inventories continue to decline.
During the week, the methanol operating rate changed little, and inland companies’ inventories continued to decline. Recently, product prices have risen sharply, and the overall recovery of industry profits has driven this trend, along with the conclusion of this round of long-term contracts, leading to smoother execution of previous orders. At the same time, traditional downstream sectors and some coastal olefin purchases continue to provide support, resulting in a continued expected decline in sample company inventories. The inventory of methanol sample production companies is 435,000 tons, a decrease of 50,400 tons compared to the previous period. (Longzhong Information)