Sentiment for the European methanol market moving into February has been positive and seems likely to shore up fundamentals in the week ahead.
The Asian market has cooled somewhat as lunar new year approaches and business will likely remain minimal in china until late February.
March numbers for EU methanol show some signs of backwardation over February, but this is likely a result of liquid trading as there has been no strong evidence for a market downturn.
Tight supply in Saudi Arabia and the us has kept global outlook buoyant.
European MTBE markets are likely to face ongoing upward pressure in the coming week amid improved gasoline demand from Latin America.

          Wider naphtha and gasoline margins have also helped to support the rising MTBE factor over gasoline.