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VAC market will face a turning point in June

From May 2017, VAC price in domestic market declined four times in row, down by high CNY900/mt. Against traditional slack season of consumption, downstream performed poorly, forcing VAC plan

June 14, 2017

Concentrated maintenance of acetic anhydride units comes

Acetic anhydride always got high profit. However, profit of the product lingered around cost line from the beginning of 2017 and got negative number in January and February. But, the concent

June 14, 2017

Independent R &D MTO unit of Shenhua runs at 100% load stably

To June 5th, MTO unit of Shenhua CTL Chemical Company Xinjiang coal-based new material project processed 242.7 mt methanol per hour for the first time and ran stably at 100% load.

June 13, 2017

Feasibility study report & risk assessment of 1.2 million mt/yr coal-to-methanol project

On June 7th, 2017, conference about feasibility study report and risk assessment of Datong Coal Mine Group’s 1.2 million mt/yr coal-to-methanol project was held.

June 13, 2017

Supply changes will lead methanol market in South China temporally

After the Dragon Boat Festival (May 28th-May 30th), methanol prices moved regionally in China market. Methanol price in Shandong fell firstly as it was pushed up rapidly in previous period.

June 13, 2017

Methanol supply and demand analysis in June

Methanol price in domestic market underwent a down-then-up trend. In H2 May, along with periodical replenishment in inland market and operation of traders, methanol delivery in production ar

June 08, 2017

Unbalanced methanol supply and demand is eased

Units’ maintenance and falling inventories at ports eased unbalanced methanol supply and demand. And the upcoming slack season is seasonal rule. Therefore, bearish factors have been consum

June 06, 2017

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