China's methanol production climbs again to relatively high levels

At 16:00 on September 17, China's methanol industry started to increase to 75.39%, touching the year's high level again and comparable to the 75.34% on August 13. If we exclude CTO supporting methanol projects, the start of domestic methanol projects is at 68.59%, slightly lower than the 70.57% on August 13 by 1.98 percentage points.

From the point of view of local sub-starts, since the beginning of September, Northwest and North China overall start increase is more obvious, of which the main reason for the Northwest start to improve and large CTO/MTP supporting methanol projects to resume, while North China and Shanxi part of the temporary stop project related to the resumption of work, involving projects: yueananda, Shanjiao and so on. In addition, the southwest with the gradual recovery of Pioneer, Yuntianhua project, the overall start also appeared to move up; Central China, East China slightly increased, Shandong region, the start is due to the Hualu, phoenix device temporary suspension or down with the lower; the rest of the region, the start fluctuation is not big.