From April 6th to 13th (as of 15:00), the domestic methanol market price at East China ports rose from 3490 yuan/ton to around 3360 yuan/ton, a decrease of 3.72% during the period, but an increase of 18.62% month-on-month and 35.39% year-on-year. Domestic methanol market transactions are still mainly influenced by geopolitical factors, with rising sentiment in the futures market gradually transmitting to the spot market. Coupled with continued destocking by enterprises, localized olefin procurement for immediate needs, and the gradual recovery of downstream demand, methanol prices experienced a significant jump.
Methanol spot price comparison chart:
On the cost side, overall coal supply remained stable, downstream purchasing activity was low, and coal prices remained stable, resulting in stable costs. The impact of costs was mixed.
Comparison chart of coal/thermal coal (upstream raw material) and methanol price trends:
On the demand side, downstream methanol prices continued to rise sharply. Although there have been some pullbacks, the weekly average price remains high. Downstream industries are struggling to keep up with the price increases, and the negative feedback from end-products is becoming increasingly severe, leading to a passive narrowing of production profits for most downstream industries. Most downstream products are affected by methanol prices, resulting in a generally positive impact on methanol demand.
Price trend comparison chart of methanol and acetic acid (downstream products):
Comparison chart of methanol-MTBE (downstream products) price trends:
On the supply side, Shanxi Coking, Xinxiang Zhongxin, Jingmen Yingde, Shenhua Ningxia Coal, and Yunnan Yuntianhua plants are undergoing maintenance; Inner Mongolia Xinhang, Jiutai New Materials, and Inner Mongolia Hetai plants have resumed operations. Overall, the recovery volume exceeds the loss volume, resulting in increased output and higher capacity utilization. These factors are generally bearish for methanol supply.
Looking ahead, supported by tight supply and demand and continued inventory reduction, while the price increase has slowed, the overall trend remains firm. In summary, the domestic methanol spot market is expected to consolidate with a slightly bullish bias.
Post time: Apr-15-2026