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Methanol industry production and sales updates as of September 18 Author/Source: Business Society Date: 2021-09-18 Clicks: 45 The price of methanol in Mingshui, Shandong has increased by 80 yuan per ton, reaching 3,200 yuan per ton; payments are made via bank transfer; The 600,000-ton methanol plant is operating stably, with a daily production of 2,000 tons. The methanol price in the Shandong alliance has been raised by 100 yuan per ton, to 3,200 yuan per ton for cash payment at the factory. The plants with a capacity of 250,000+250,000+250,000 tons per year are operating at reduced capacity, resulting in a daily production of 280 tons. The price of methanol produced by Yizhou Technology is 3,200 yuan per ton, with payments made via bank transfer. A methanol production facility capable of processing 150,000 tons per year from coke oven gas was shut down last night for maintenance; the time when it will resume operation is uncertain. Another facility with a capacity of 150,000 tons per year is operating at reduced capacity, producing around 300 tons per day. Lianhong Chemical (formerly Xinneng Phoenix) has no new price for methanol at the moment; its 460,000+460,000 tons per year coal-based methanol production facility is operating steadily, with a daily output of around 2,980 tons, which is mainly supplied to Lianhong New Materials’ MTO facility for use in production. Shandong Rongxin Methanol is not providing quotes for the time being; its 250,000 tons per year methanol production facility powered by coke oven gas is operating at reduced capacity. Yankuang Guohong has raised the price of methanol by 50 yuan per ton, to 3,150 yuan per ton for cash payment at the factory; its 640,000-ton-per-year coal-based methanol production facility is operating at a reduced capacity, with daily output dropping to around 1,800 tons.