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Weekly Analysis of China Methanol Production and Capacity Utilization Rate (June 19–25, 2026)

Published on 2026-06-25

1. Qualitative Analysis of Production and Capacity Utilization Trends

In the current week (June 19–25, 2026), China's methanol output totaled 2,041,845 tonnes, up 6,280 tonnes from the previous week. The capacity utilization rate stood at 90.72%, a week-on-week increase of 0.31%.

Table 1 Comparison of China's weekly methanol production and capacity utilization data (unit: tonne, %)

Item This week Last week Week-on-week change
Production 2,041,845 2,035,565 +0.31%
Capacity utilization 90.72% 90.44% +0.31%

During this period, one unit in Shandong was newly taken offline for maintenance; one unit in Inner Mongolia newly reduced output; and one curtailed unit in Shandong resumed production. Since the total recovered output exceeded the lost output, production increased and capacity utilization rose.

2. Forecast Analysis of Production and Capacity Utilization Trends

Next week, China's weekly methanol output and capacity utilization are expected to be approximately 2.048 million tonnes and around 90.99%, respectively, both higher than the current period. The capacity scheduled to resume operations next week is greater than the capacity involved in maintenance and output cuts, which is likely to push capacity utilization and production higher.

3. Comparison between Capacity Utilization and Price Trends

This week, China's methanol capacity utilization rate was 90.72%, up 0.31% week on week and down 0.68% year on year. Domestic methanol capacity utilization increased during the week, resulting in higher actual output. However, the futures market continued to plummet, buyers mostly adopted a wait-and-see stance, producers experienced poor shipments, and actual transactions were light—all of which dragged the methanol market in major producing areas sharply lower.

Sample note: Chempricehub Information's weekly data on China's methanol production and capacity utilization are first-hand statistics. The sample covers 178 methanol producers in China, with a sample coverage rate of 100%. The statistical period runs from Friday of the previous week to Thursday of the current week, and the data are released at 14:30 each Thursday on working days.

Definitions:

Production: generally refers to the quantity of finished goods that meet relevant standards actually produced by an enterprise over a given period. It is not a sales-volume concept, but refers to the weight or volume of commodities under a given system of measurement, i.e., actual output.

Capacity utilization: refers to the degree to which enterprise capacity is utilized, also known as operating load. It is generally calculated as the ratio of product output or raw material processed volume to effective capacity.

Statistical caliber: Weekly production and capacity utilization data cover the period from Friday of the previous week to Thursday of the current week, and are published at 14:30 every Thursday on working days.

Comments

0
  • Marcus Hayes 2026-09-08 10:41
    High capacity utilization plus weak downstream demand is clearly weighing on methanol margins, even with output ticking up. If futures stay soft, further price downside risk seems likely for next week's data.
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