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Weekly Data Analysis of China’s Methanol Production and Capacity Utilization Rate (September 18–24, 2026)

Published on 2026-09-24

I. Qualitative Analysis of Production and Capacity Utilization Trends

This week (September 18–24, 2026), China's methanol production reached 1,952,865 tons, an increase of 61,380 tons from the previous week. The plant capacity utilization rate stood at 86.44%, a week-on-week increase of 3.25%.

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

Item This Week Last Week WoW Change (%)
Production 1,952,865 1,891,485 +3.25%
Capacity Utilization 86.44% 83.72% +3.25%

Source: Chempricehub Information

Newly scheduled maintenance units included Yunnan Yuntianhua, as well as one unit each in Xinjiang and Tianjin. Additionally, one unit in Heilongjiang implemented new production reductions. Conversely, several units undergoing maintenance or reduction resumed operations, including Jinkong Yanhua, Xinjiang Tianye, Xiaoyi Pengfei, Datang Duolun, Shanxi Linxin, and one unit in Inner Mongolia. Since the total volume restored this period exceeded the volume lost due to maintenance and reductions, both the capacity utilization rate and production output increased.

II. Forecast Analysis of Production and Capacity Utilization Trends

For next week, China's methanol production and capacity utilization are projected as follows: production is expected to reach approximately 2.0908 million tons, with a capacity utilization rate of around 92.54%, representing an increase compared to the current period. Planned resumptions of capacity next week will exceed the capacity affected by maintenance and production reductions, leading to higher capacity utilization and increased output.

III. Comparison of Capacity Utilization and Price Trends

This week, China's methanol capacity utilization was 86.44%, up 3.25% week-on-week and 4.76% year-on-year. The significant rise in domestic capacity utilization increased market supply. Combined with a sharp decline in futures prices and the conclusion of downstream stockpiling activities, actual transaction volumes decreased, causing the market negotiation center to shift lower.

(Note: Due to corrections 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 primary statistical data. The sample covers 180 domestic methanol production enterprises, 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 (business days).

Definitions:

  • Production: Generally refers to the quantity of goods meeting relevant standards actually produced by manufacturing enterprises over a specific period (conceptually distinct from commodity volume; referring to weight or volume under specific metrics), i.e., actual production.
  • Capacity Utilization: Refers to the degree of utilization of an enterprise's capacity, also known as operating load. It is generally calculated as the ratio of product output or raw material processing volume to effective capacity.

Statistical Scope: The statistical period for weekly production and capacity utilization runs from Friday of the previous week to Thursday of the current week. Data is released at 14:30 on Thursdays (business days).

Comments

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  • Olivier Dupont 2026-09-24 20:14
    Methanol capacity utilization jumped to 86.44% as resumed operations outweighed maintenance losses, with forecasts hitting 92.54%. This rapid supply rebound pressures spot margins unless downstream demand accelerates. I..
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