Methanol: 2017 Review and 2018 Outlook (I)
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Methanol: Summary of 2017 and Outlook for 2018 (Part 1) Author/Source: Date: 2018-01-08 Clicks: 12 I. In 2017, China’s methanol market exhibited an irregular “V-shaped” trend, with prices fluctuating mainly within the range of 2,000–3,000 yuan per ton, reaching new highs in over four years. http://img.yf116.cn/image/img/20180108/1143334221377.jpg http://img.yf116.cn/image/img/20180108/1144204226027.jpg http://img.yf116.cn/image/img/20180108/114451422911.jpg http://img.yf116.cn/image/img/20180108/1145234232351.jpg http://img.yf116.cn/image/img/20180108/1145554235539.jpg III. Companies in the formaldehyde sector enjoyed the most stable profits, while most other traditional and emerging downstream industries (under low oil prices, companies involved in oil-based olefins and PDH processes had relatively stable profits, whereas MTO companies experienced greater profit volatility) suffered losses. http://img.yf116.cn/image/img/20180108/1146444240452.jpg http://img.yf116.cn/image/img/20180108/1147194243913.jpg http://img.yf116.cn/image/img/20180108/1147464246644.jpg http://img.yf116.cn/image/img/20180108/1148184249833.jpg http://img.yf116.cn/image/img/20180108/1148464252666.jpg http://img.yf116.cn/image/img/20180108/1149274256795.jpg http://img.yf116.cn/image/img/20180108/1149574259761.jpg http://img.yf116.cn/image/img/20180108/1150314263188.jpg
The overall price this year is acceptable. Our small plant with a capacity of 600,000 tons can produce 780,000 tons per year, which is an increase of 180,000 tons
This year, methanol producers all exceeded their profit targets; business is booming in terms of both production and sales. I wonder what the situation will be like next year?