Many China based MTO units has been shut down either fo annual maintenance or due to some technical issue in opertioans. Major MTO producers believe that the current prices for Methanol is too hogh. It dosn not make any sense to fill our inventories when most of out units are shut down for maintenance. On contrary the inventories are bein now emptied and will refill once the prices are lowered. The availability of Methanol will improve in international market in the month of June once the major units based in Iran and Middle East will restart their production.
