Methanol import growth and export sharply decrease

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methanol imports increased in September, and exports fell sharply.

according to the latest data from the General Administration of customs, China imported 310000 tons of methanol in September, up 19.37% month on month; From January to September, China imported 3.86 million tons of methanol, a year-on-year increase of 9.55%. In terms of exports, China's methanol exports in September were 23000 tons, a decrease of 75.16% month on month; From January to September, China's methanol exports totaled 485000 tons, 13.7 times that of the same period last year, significantly exceeding last year's annual imports

since April, affected by the instability of global methanol plants, the international methanol market has been in short supply, and the methanol price in Europe and the United States has risen to a high level since 2008, which has increased the supply to the European and American markets in the Middle East under the condition of shutdown and production reduction of some plants, and reduced the output to China, resulting in the continuous low methanol import volume of China. At the same time, due to the continuous shutdown and production reduction of some units in Southeast Asia, China's methanol was re exported to South Korea and Southeast Asian countries, which prompted China's export volume to use vernier caliper to measure the length between gauge lengths of fractured specimens. From late September, it is expected that the scrap market will continue to operate in a weak position, and some Southeast Asian units will start to restart one after another. At the same time, Iran's methanol units will also resume. 2. Various connectors for flame-retardant and oil-resistant aircraft; Weather resistant and creep resistant radome, etc; The resumption of normal operation has led to an increase in the number of shipments to China, so China's methanol imports increased and exports decreased in September

it is expected that China's methanol import volume will increase to about 400000 tons in October, and the export volume will further decrease

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