I. Qualitative Analysis of Production Volume and Capacity Utilization Trends

During the week of October 9–15, 2026, China's methanol production was 2,009,345 tons, a decrease of 77,430 tons from the previous week. The plant capacity utilization rate was 88.94%, down 3.71% week-over-week.

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

Data Source: Chempricehub Information

New maintenance shutdowns occurred this week at units including Guoneng Yulin, Jimei Huayu, Chongqing Wansheng, three units in Inner Mongolia, and one unit in Jiangsu. Additionally, two new units in Xinjiang and one in Ningxia implemented reduced output due to maintenance or curtailment. Conversely, several units resumed operations, including those at Shanxi Coking Chemical, Yulin Kaiyue, and one unit in Heilongjiang. Since the total volume lost to shutdowns exceeded the volume gained from restarts, both the capacity utilization rate and production volume declined.

II. Forecast of Production Volume and Capacity Utilization Trends

For next week, China's methanol production is projected to be approximately 1.9959 million tons, with a capacity utilization rate of around 88.34%, representing a further decline from the current period. Planned maintenance and output reductions for next week involve more capacity than planned restarts, leading to a continued drop in both the capacity utilization rate and production volume.

III. Comparison of Capacity Utilization and Price Trends

This week, China's methanol capacity utilization stood at 88.94%, down 3.71% week-over-week but up 1.91% year-on-year. The significant drop in domestic capacity utilization led to a reduction in market supply. Futures prices fell sharply, dampening downstream purchasing enthusiasm. Consequently, trading activity within the market stagnated, causing transaction prices in major production regions to decline.

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

Sample Description:
The weekly methanol production and capacity utilization data provided by Chempricehub Information are based on primary statistical surveys. The sample covers 180 methanol production enterprises nationwide, achieving a 100% coverage rate. The statistical period runs from Friday of the previous week to Thursday of the current week. Data is released at 14:30 on Thursdays during working days.

Term Definitions:

• Production Volume: Generally refers to the quantity of goods produced by manufacturing enterprises over a specific period that meets relevant standards. It denotes actual production output measured by weight or volume under specific units of measurement, rather than just commodity count.
• Capacity Utilization Rate: Also known as operating load, it indicates the degree to which an enterprise's capacity is utilized. 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, with data released at 14:30 on Thursdays during working days.