1）On Wednesday, methanol shocks dominated. To falsify the methanol 09 contract supply pressure only two points: First, the price to the cost line, currently not reached. Secondly, from a realistic point of view, the future 09 contract methanol has a supply gap, realistically, it is expected that the point of conflict in May in the mainland market supply pressure, but because it is not possible to form pressure with the combined forces of imports, it is expected that the pressure on the spot side is not much, inventory is expected to be difficult to fluctuate greatly, but also can not confirm the 09 contract supply gap.
2）Strategy. Refer to MA2109 contract 2200 yuan support, 2500 yuan pressure, range operation, short bias above 2400.
News: The first phase of DCC plant of Yanengnian started maintenance for 2 months on 6.2. Phase III 3#PP and high-pressure unit started to stop for 20 days on 5.10, upstream non-stop, methanol reserves do not exclude the sale.