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Methanol updates from various regions

2009-03-16View Original

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Iran’s NPC’s methanol plant in Fanavaran, with an annual production capacity of 1 million tons, is shut down, while the Zagros plant in Assaluyeh is operating at around 50% capacity. As a result of these factors, the company has limited availability of spot supplies. Additionally, the company plans to delay the restart of its 1 million-ton-per-year plant located in BIK, with resumption expected next week ; This unit was shut down on February 21 for catalyst replacement, and then shut down again due to technical issues. In Shandong, it was from 1850 to 1880; in Jiangsu, it was from 1750 to 1780. In Hebei, refined methanol was involved in the period 1880–1950, while crude methanol was relevant during 1700–1750. News from the 16th: At the start of the week, methanol prices at ports in South China remained stable, with the market still adopting a cautious attitude. The main selling price range was 1800–1820 yuan per ton. Downstream factories were cautious about making purchases, and retail sales continued to dominate the market. The methanol market in Henan remains stable, with prices ranging between 1,800 and 1,850 yuan per ton. Due to weak demand from downstream industries, sales in the market are currently moderate. Most local plants are still operating at reduced capacity due to shutdowns, resulting in a tight supply of spot goods. Two shipments of imported methanol, each weighing 13,000 tons, arrived at Lanshan Port in Rizhao, Shandong, from March 13 to 16; these were mostly taken in by local end-users ; Of this amount, the 13,000 tons that arrived early this morning can be exported; the ships are currently berthed, and there are sellers ready to offer pre-sales, though no prices have been given yet. It is expected that on March 22, 1,900 tons of methanol will be unloaded at the Huaxi berth in Jiangyin Port, 2,854 tons at the Runhua berth, and 4,853 tons at the Nanheng berth. The cargo comes from Jubail, and the ship’s name is Mudanjin. It is expected that 13,000 tons of methanol will be unloaded in Zhangjiagang on March 17, with the supply coming from Jubail and the ship’s name being Hualu Gaia. It has been learned that Iran’s NPC’s methanol plant in Fanavaran, with an annual production capacity of 1 million tons, is shut down, while the Zagros plant in Assaluyeh is operating at around 50% capacity. As a result of these factors, the company’s available spot supply is limited. Additionally, the company plans to delay the restart of its 1 million-ton-per-year plant located in BIK, with resumption expected next week ; This unit was shut down on February 21 for catalyst replacement, and then shut down again due to technical issues.

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