As of October 13th, the operating rate of methanol was 62.56%

As of October 13th, the operating rate of methanol was 62.56%, a decrease of 3.39% compared to September 29th. Among them, Shanxi coking October 9th overhaul 15 days, Yanzhou of Yulin can 600 thousand tons in October 15th to overhaul 10 days, Shaanxi Xianyang chemical 600 thousand tons in October 17th parking for 2 – 3 days, in October 16th 500 thousand tons of electric yinglite device maintenance to November 3rd, Sichuan Chuanwei 1 million 120 thousand tons / year methanol plant in October 11th later entered the parking overhaul Shanxi, China Everbright in October 11th to overhaul 20 days, Shanxi plans to the end of October 3, Lubao overhaul 4 days, plus the Yulin coal methanol plant overhaul, the latter will have about 100000 tons of methanol production needs. The maintenance of a series device has brought positive support to the market.

The peak demand season

Methanol market in the traditional off-season demand for half a year, while the second half of the overall demand in the first half of the year. In August 7, the downstream industry in consumption season, formaldehyde and other manufacturers of raw materials inventory is generally low. In cold weather, many traditional methanol downstream industry fully warmed up, the enterprise started raising the enthusiasm, in the rigid demand concentrated outbreak situation, formaldehyde and other traditional downstream industries began to enter the stocking cycle, driven by rising demand for methanol market. The emerging MTO enterprises have maintained high load operation, needs strong support.