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Everbright Futures says domestic methanol output stays high in November while port arrivals remain very low. Coastal MTO plant utilization has fallen to very low levels, but recovering MTO profits could restart plants and lift demand.
Very low port arrivals and expected demand recovery point to falling inventories and firm spreads, supporting methanol-linked chemical and feed-additive costs. Investors are advised to manage risk given uncertainty around US-Iran developments.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.