22 September 2016
New start-ups and the debottlenecking of some plants in China have caused domestic methanol capacities to increase. The onset of more methanol-to-olefins projects have also triggered a peak in imports, as it is the primary customer base in the methanol market. Methanol-to-olefins plants are estimated to consume 22.6m tons of methanol in 2016, a growth of 33% year on year, making it the primary customer base in the domestic methanol market. With China becoming more self-reliant in methanol production, there is increasing demand for more local exports. This has exerted downward pressure on US prices, opening the arbitrage window from US to China. Global market players are now interested to know how long this trend will continue and what are the scale of opportunities and risks for exporters to China now? The ICIS China Methanol Annual Study provides in-depth review of the latest developments in the dynamic Chinese methanol market, with a focus on the methanol-to-olefins sector and how it has been driving the domestic production. The report also comes a half-year update to help you stay on top of market changes by addressing all of the following questions:
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The ICIS China Methanol Annual Study provides a granular review and outlook of each major methanol demand segment to help market players plan their sales volumes and reap higher margins. This essential read will help you understand the changes surrounding the methanol markets, covering all of the following: