After the Spring Festival in 2017, the methanol market reversed last year′s bull market and entered the bear market. The spot market prices dropped back from high point in middle Apr., and late start, the domestic methanol prices began to enter the downlink channel. In May, methanol prices saw microscopic improvement, prices fall velocity increases at the beginning of May, the Northwest China market prices declined from 2000 yuan/ton to 1930 yuan/ton, some sources dropped to 1850 yuan/ton. Industry analysis for the following reasons:

Spring inspection device restart, imports increased, methanol supply continues to rise; environmental pressure, lower driving rate is not high, the needs of the poor; the outer disk continues to decline, the international oil price slump, coal prices fell, the uplink lack of support.