China methanol spot prices track feedstock coal and port inventories
Spot direction in the Chinese methanol market is set by coal costs, port stock levels and downstream offtake.
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Spot direction in the Chinese methanol market is set by coal costs, port stock levels and downstream offtake.
Chlor-alkali operating rates in China are the main swing factor for caustic soda spot supply.
Monoethylene glycol demand is dominated by the polyester chain.
Methanol consumption spans olefin production, traditional chemical derivatives and fuel blending.
The alumina and pulp and paper sectors are the main consumers of caustic soda.
Most benzene output feeds styrene, phenol and other aromatics derivatives.
New capacity in China is concentrated in large integrated coal-to-methanol plants.
MEG is heavily imported, so East China port stock levels are the key near-term price signal.
China is a major caustic soda exporter; export volumes help clear domestic surplus production.
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