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Production and sales trends of methanol enterprises on December 3

2020-12-03View Original

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December 3: Production and sales trends in the methanol industry. Author/Source: Business Society. Date: 2020-12-03. Clicks: 7. The price of methanol in Mingshui, Shandong is 2,150 yuan per ton, payable in cash at delivery; The 600,000 tons/year coal-to-chemicals plant is operating at full capacity, producing 2,000 tons per day.   The methanol price from the Shandong Alliance is 2,150 yuan per ton, payable in cash at delivery. The plant with a capacity of 250,000+250,000+250,000 tons per year operates at reduced capacity, producing 600 tons per day.   The price of methanol produced by Yizhou Coking is 2,100 yuan per ton, payable in cash at delivery; the methanol production facility utilizing 150,000+150,000 tons of coke oven gas per year operates stably, with a daily production capacity of 800 tons.   Shandong Xinneng Phoenix methanol price increased by 10 yuan per ton, now at 2,080 yuan per ton for cash payment upon delivery ; Its 460,000+460,000 tons per year coal-to-methanol plant is operating stably, with a daily production of around 2,980 tons.   Shandong Rongxin Group Co., Ltd. has increased its ex-works quoted price for methanol by 10 yuan per ton, now standing at 2,020 yuan per ton on a cash basis. The company’s 250,000-ton/year methanol production facility derived from coke oven gas is operating normally, with a daily output of approximately 750 tons.   Shandong Yankuang Guohong has reduced its external quotation for methanol by 10 yuan per ton, to 2,010 yuan per ton in cash upon delivery. Its 640,000-ton-per-year coal-based methanol production facility has resumed operation of three reactors, with a daily production volume of around 2,100 tons. The latest auction result for methanol produced at Shanxi Datuhe Coking Plant is 1,780–1,790 yuan per ton, with delivery in cash, and the quantity is 3,600 tons. The 200,000 tons/year coke oven gas production facility is operating normally, with a daily output of around 350 tons.   The price of methanol produced by Shanxi Jinmei Tianyuan is 1,930 yuan per ton, with cash payment at delivery; actual prices can be negotiated. The 100,000 tons/year coal-to-methanol plant has been shut down, with a restart date yet to be determined.   The spot price for methanol produced by Shanxi Orchid Sci-Tech is 1,930 yuan per ton, on a cash basis at the warehouse. Actual transactions can be negotiated. The coal-to-methanol plant with an annual capacity of 300,000 tons is operating normally, and it can supply approximately 100 tons per day.   The price of methanol produced by Shanxi Guangda Coking is 1,960 yuan per ton, with payment in cash at delivery; actual prices can be negotiated. The 150,000 tons/year coke oven gas production facility is operating normally, with a daily output of around 500 tons.   The price of methanol at Shanxi Hongyuan is not available yet. The plant’s 120,000 tons per year methanol production unit using coke oven gas has been shut down.
Reply #22020-12-03
The price seems to have risen significantly compared to the first half of the year, with strong demand from downstream markets
Reply #32020-12-03
The traditional downstream products of methanol include formaldehyde, dimethyl ether, MTBE, and acetic acid. Recently, popular products have been methanol fuel as well as various olefins such as ethylene and propylene. According to statistics, in recent years, formaldehyde, dimethyl ether, methanol fuel, and olefins have accounted for 18%, 17%, 17%, and 22% of China’s methanol-based downstream products respectively. Olefins have now surpassed traditional products to become the largest category of methanol-derived products, and there is ongoing interest in olefin production across various regions; this trend is expected to continue, with more than 30% of future methanol production being used for olefin manufacturing.

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