On Wednesday (3.4), the main MA1506 contract extension of the callback trend, the final closed at 2399 yuan / ton, compared with the previous day's closing price fell by 0.66%. The volatility of the day, and the volume is still high, reaching nearly 6000000 hand; the position of a slight decline, about 10000 hands. From the point of view of the recent trend, the postganglionic methanol futures pulled fast, volume and position a huge rise in the also brewing high callback risk, nearly two days callback intensity in reason.

Spot, East China, Southern China methanol prices have declined, central China, North China, northwest, northeast basic remain stable. Overall, after the methanol spot market atmosphere of the fan constantly. Inventory, the pre holiday methanol company ranked well, the current enterprise inventory pressure is not. Port methanol inventory due to the Spring Festival holiday period and the amount of domestic and imported goods to the port has been reduced, but also a sustained decline in trend. In addition, in view of the festival of methanol and downstream enterprises gradually restart, the market is expected to demand optimistic. Coupled with the March Shandong and other places, some enterprises have plans to overhaul parking, coupled with the intermediate business of push up the intention, spot market prices remain strong, thus good with methanol futures prices quickly pull up.

Based on the fundamentals, market outlook for methanol, part of the investment institutions relative views tend to be more bullish. But some researchers believe that with the sharp correction in the nearly two days of heavy volume to lighten up or will be shaken by this wave of rapid pull up, the so-called "Big Bang again declined three and exhaust", the rhythm of the methanol prices or will change. The supporting factors, mainly in the real recovery of the downstream demand and the price of crude oil has a substantial volatility.