China methanol capacity growth focuses on integrated coal-to-methanol units
New capacity in China is concentrated in large integrated coal-to-methanol plants.
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Market Desk
Capacity structure. China methanol production is dominated by coal-based routes, with a growing share of large integrated coal-to-methanol complexes. New projects are typically designed with downstream derivatives on site to improve margins.
Market balance. Operating rates and maintenance schedules at these integrated units are a key factor for the domestic supply balance and, in turn, for spot price direction.