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Traditional methanol downstream demand in 2016

China methanol apparent consumption grows continuously in 2016. From January to November, the apparent consumption totaled 47.25 million mt, up 5.11% YoY.

12-29-2016 15:00:05

Increasing methanol supply may reduce methanol price

In end-April， methanol futures price drops dramatically. The most traded contract 1609 declines from CNY2,100/mt to CNY1,874/mt, down by 11%. Methanol supply and demand is to be unbalanced. Maintenance of olefin units in inland market dashes the last hope of high methanol price in inland.

05-19-2016 14:23:06

Intensive maintenance of olefin units in Northwest China makes methanol price decline

Methanol price in Ningxia drops from CNY1,750/mt to CNY1,450/mt; the price in central Shaanxi drops from CNY1,850/mt to CNY1,650/mt; methanol price in Shanxi moved down from CMY1,780/mt to CNY1,670/mt.

05-18-2016 14:12:02

Coal chemical industry should be developed prudently in China

Rapid development of pilot projects of coal chemical sector in West China, where is rich in resources, not only shapes its development way, but also offers ideas for the current new normal in China.

05-17-2016 16:54:17

Slack season of polyester industry is coming; MEG market is hard to be prosperous

Data show that in May 9th-May 13th, China MEG price was low. On May 9th, MEG offer of domestic dealers averaged CNY5,166/mt. On May 13th, MEG offer of domestic dealers was CNY5,103/mt, down by 1.23%. Taking three months as a period, MEG price grew by 8.58% generally.

05-16-2016 17:32:38

Operation status of methanol unit of Shanxi Fengxi

05-16-2016 16:36:43

Competition in acetic acid market is fierce; price varies in different regions

As profits of producing acetic acid declines, price adjustment range shrinks to CNY20-30/mt or even CNY10/mt. And acetic acid price in different regions varies significantly.

05-13-2016 15:03:06

Competition on methanol market share will be fierce

As the new-type methanol downstream in Northwest China puts its products in the market, unbalanced supply and demand becomes clear. Meanwhile, methanol flow in inland market also changes and competition on taking more market share is fiercer.

05-12-2016 10:31:10

Price of methanol moves differently in different regions

With no latest offer, mainstream price of methanol in Northwest China keeps around CNY1,770-1,820/mt; methanol price in Huai River is about CNY1,940-1,960/mt, up by CNY30/mt.

05-11-2016 15:05:15

Cautious about price slipping in methanol market

Since April, great quantity of hot money entered futures market due to loose monetary policy and bullish macro-economic policies.

05-11-2016 14:38:11

Intensive imported methanol arrivals in the second half of May exerts pressure on callback

Affected by delay of imported methanol at the end of April, price of methanol in futures market plunges in early May.

05-10-2016 17:15:00

Cliff-like losses of coal-to-oil companies

With the development of economy, China is relying on more and more oil. In 2014, China oil apparent consumption totaled 0.518 billion mt. The net volume of imported oil was 0.308 billion mt with a 59.5% dependence rate.

05-10-2016 10:32:14

Methanol supply and demand in East China against mounting import volume

Import volume of methanol in April continues growing. Inventories in ports remain at low level as olefin units operate normally. Methanol price in ports is above CNY1,900/mt against mounting price in futures market. Methanol supply and demand in April is analyzed here:

05-06-2016 16:10:01

Import volume of methanol in March mounts significantly

According to JYD, China import volume of methanol in March 2016 totals 628,000 mt, up 213,000 mt or 51.3% from March 2015, up 23.5% from February 2016. The import volume is the highest level since July 2014, breaking record of the 600,000 mt in a month.

05-04-2016 13:46:03

China Methanol Market Review in Q1 2016 (Part Two)

Producing companies, traders and the downstream are the three active part in Shandong methanol market.

04-29-2016 14:57:41

China Methanol Market Review in Q1 2016 (Part One)

Since the first quarter, two factors drive China economy to turn better. Firstly, good sales in real estate market drive investments to mount, pushing up relevant investments on infrastructure.

04-28-2016 11:05:35

Restart of methanol unit of Shanxi Tianxi Coal-to-Oil

04-28-2016 09:08:51

Operation status of methanol unit in Shaanxi Yankuang Yulin Energy

04-26-2016 10:27:30

Operation status of methanol unit in Shaanxi Aowei Qianyuan

04-26-2016 10:22:39

Operation status of methanol unit of Shanxi Tianxi Coal-to-Oil

04-25-2016 16:21:59

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