Weekly Data Analysis of China's Methanol Production and Capacity Utilization (Oct 30 – Nov 5, 2026)

I. Qualitative Analysis of Production Volume and Capacity Utilization Trends

During this week (October 30–November 5, 2026), China’s methanol production volume was 1,998,375 tons, a decrease of 9,150 tons from the previous week. The plant capacity utilization rate stood at 88.86%, down by 0.46% week-on-week.

Table 1: Weekly Comparison of China’s Methanol Production and Capacity Utilization (Unit: tons, %)

Data Source: Chempricehub Information

This week saw new maintenance shutdowns at facilities such as Zhongmei Yuanxing and Ningxia Changyi. There were no newly announced production reductions during this period. However, several plants undergoing maintenance or reduced operations resumed production, including Shenhua Bayannur and one facility in Anhui Province. Since the total loss in output due to new shutdowns exceeded the recovery from restarted units, the overall capacity utilization rate declined, leading to a drop in production volume.

II. Forecast Analysis of Production Volume and Capacity Utilization Trends

For next week, China’s methanol production and capacity utilization are projected as follows: production volume is expected to reach approximately 2.0291 million tons, with a capacity utilization rate of around 89.82%, representing an increase compared to the current period. Planned restarts involve more capacity than scheduled maintenance and production reductions; consequently, the capacity utilization rate is expected to rise, along with increased production volume.

III. Comparison of Capacity Utilization and Price Trends

This week, China’s methanol capacity utilization rate was 88.86%, down 0.46% week-on-week but up 0.92% year-on-year. The domestic capacity utilization rate decreased slightly, resulting in a reduction in market supply. External factors had a stronger influence this week, with buyers largely adopting a wait-and-see approach while downstream consumers purchased on demand. Consequently, prices in major production regions fluctuated within a narrow range.

(Note: Due to corrections in some historical data, please refer to the latest figures for this week.)

Sample Description: Chempricehub Information’s weekly methanol production and capacity utilization data are primary statistical figures. The sample covers 180 methanol producers nationwide, achieving 100% sample coverage. The statistical period runs from Friday of the previous week to Thursday of the current week. Data is released every Thursday at 14:30 on working days.

Definitions:
Production Volume: Generally refers to the actual quantity of goods produced by enterprises over a specific period that meets relevant standards (not referring to commodity volume concepts, but rather weight or volume under specific measurement units); i.e., actual output.

Capacity Utilization Rate: Refers to the degree of utilization of enterprise capacity, also known as operating load. It is typically calculated as the ratio of product output or raw material processing volume to effective capacity.

Statistical Scope: The weekly production volume and capacity utilization statistics cover the period from Friday of the previous week to Thursday of the current week. Data is released every Thursday at 14:30 on working days.