According to data from Chempricehub, domestic methanol margins across all production processes narrowed significantly this week.
In terms of specific figures, the weekly average profit for coal-based methanol in Northwest China (Inner Mongolia), calculated based on full cost, was CNY 454.78/ton, a decrease of CNY 76.42/ton compared to the previous period, representing a month-on-month decline of 14.39%. When calculated based on cash flow cost, the weekly average profit for this process route was CNY 854.78/ton, down 8.21% month-on-month. The weekly average profit for coke oven gas-based methanol in Hebei was CNY 1,460.00/ton, narrowing by CNY 65/ton from the previous week, a decline of 4.26% month-on-month. The weekly average profit for natural gas-based methanol in Southwest China was CNY 890.00/ton, a slight contraction of CNY 100/ton from the previous week, down 10.10% month-on-month. The weekly average profit for coal-based methanol in Shandong was CNY 548.20/ton, shrinking by CNY 121.00/ton from the previous week, a drop of 18.088% month-on-month. The weekly average profit for coal-based methanol in Shanxi was CNY 426.60/ton, decreasing by CNY 114.00/ton from the previous week, a fall of 21.09% month-on-month.
| Item | Nov 12 | Nov 5 | Change | MoM Change |
|---|---|---|---|---|
| NW Coal-based Methanol Weekly Avg Profit (Full Cost) | 454.78 | 531.20 | -76.42 | -14.39% |
| NW Coal-based Methanol Weekly Avg Profit (Cash Flow Cost) | 854.78 | 931.20 | -76.42 | -8.21% |
| North China Coke Oven Gas-based Methanol Weekly Avg Profit | 1460.00 | 1525.00 | -65.00 | -4.26% |
| SW Natural Gas-based Methanol Weekly Avg Profit | 890.00 | 990.00 | -100.00 | -10.10% |
Sample Description: On the day of data release, Chempricehub monitors theoretical profits by tracking raw material prices and mainstream transaction prices for methanol in major production regions across China.
Term Definition: Production gross margin refers to the weekly theoretical gross margin for methanol producers. It is categorized by production process into: weekly average gross margin for coal-based methanol, weekly average gross margin for coke oven gas-based methanol, and weekly average gross margin for natural gas-based methanol.
Statistical Scope: The methanol gross margins reported by Chempricehub are calculated values derived from methanol market prices and total production costs. Data is released every Thursday at 15:00 on working days.
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