Around the National Day holiday (September 28 – October 8, 2026), a surge in methanol spot prices significantly expanded profits across all production routes. In terms of data, the weekly average profit for coal-to-methanol production in Northwest China and Inner Mongolia was CNY 891.87 per ton (calculated based on full cost), an increase of CNY 311.46 per ton from the previous period, representing a week-on-week rise of 53.66%. If calculated based on cash flow costs, the weekly average profit for this route stood at CNY 1,291.87 per ton, up 31.77% week-on-week. The weekly average profit for coke oven gas-to-methanol production in Hebei was CNY 1,721.45 per ton, an increase of CNY 191.45 per ton from the previous week, or 12.51% week-on-week. The weekly average profit for natural gas-to-methanol production in Southwest China was CNY 1,225.00 per ton, up CNY 300.00 per ton from the previous week, representing a 32.43% week-on-week increase. The weekly average profit for coal-to-methanol production in Shandong was CNY 1,086.87 per ton, an increase of CNY 334.79 per ton from the previous week, or 44.52% week-on-week. The weekly average profit for coal-to-methanol production in Shanxi was CNY 802.37 per ton, up CNY 186.96 per ton from the previous week, representing a 30.38% week-on-week increase.
| Item | Oct 8 | Sep 24 | Change | WoW % |
|---|---|---|---|---|
| Weekly Avg Profit: Coal-to-Methanol, Northwest (Full Cost) | 891.87 | 580.41 | 311.46 | 53.66% |
| Weekly Avg Profit: Coal-to-Methanol, Northwest (Cash Flow Cost) | 1,291.87 | 980.41 | 311.46 | 31.77% |
| Weekly Avg Profit: Coke Oven Gas-to-Methanol, North China | 1,721.45 | 1,530.00 | 191.45 | 12.51% |
| Weekly Avg Profit: Natural Gas-to-Methanol, Southwest | 1,225.00 | 925.00 | 300.00 | 32.43% |
Data Source: Chempricehub Information
Sample Description: On the date of data release, Chempricehub Information monitors theoretical profits based on raw material prices and mainstream transaction prices for methanol in major Chinese production regions.
Term Definition: Production gross margin refers to the weekly theoretical gross margin for methanol producers, categorized by production process into weekly average gross margins for coal-to-methanol, coke oven gas-to-methanol, and natural gas-to-methanol routes.
Statistical Basis: Methanol gross margins reported by Chempricehub Information are calculated values (derived from market prices minus total production costs). Data is released every Thursday at 15:00 on working days.
Flash Report Note: Based on actual surveys, the cost formula for coke oven gas-to-methanol production has been adjusted from "Hebei Methanol Price - (Thermal Coal Cost + Gas Cost + Other Costs)" to "Hebei Methanol Price - (Gas Cost + Other Costs)."
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