On the first trading day (Feb 18) after Chinese Lunar New Year festival, chemical painted a rosy picture with prices driven up by robust crude oil and stock market. China methanol futures rose by 3.38% to close at 2,356yuan/mt on Feb 18.
China’s Lunar New Year holiday will begin on Feb 11 and last till Feb 17, 2021, but some business has been shuttered ahead of the public holiday. There has been no clear direction for methanol market after the holiday, and uncertainty exists for the mark
