China Coastal Methanol Market Prices Kept Rising Amid Multiple Favorable Factors
1. The supply declined persistently at home and abroad.
In Southwest China, most natural gas-based methanol units were shut down for maintenance due to the supply restriction and high prices of natural gas. In addition, some fixed-bed units underwent transformation also led to a methanol output decline in some areas. In foreign countries, some methanol units were shut down or cut loads due to the gas supply issue.
