Supply and Demand Data - National operating rate is 79.09% (+0.42%), non-integrated operating rate is 70.85% (+0.41%), and international operating rate is 59.93% (-1.29%) [1] - MTO operating rate is 85.42% (-0.24%), with reductions in production from Chengzhi, Xingxing, and Luxi next week; traditional downstream weighted operating rate is 45.07% (-0.49%), with a decline in acetic acid operating [1] - Domestic inventory increased by 0.32wt, while port inventory decreased by 100,000 tons [1] Market Outlook - Methanol futures are showing a strong fluctuation, with spot and monthly procurement based on demand; forward selling is primarily focused on high prices, with a slight weakening of the basis [1] - Overall trading activity is moderate throughout the day; in the domestic market, coal prices have stabilized and rebounded, limiting the downside potential of prices amid significantly reduced profits in production areas, with expectations of continued fluctuations [1] - In the port market, Iran's gas restrictions have led to a significant reduction in operating rates, but shipments remain fast, with 270,000 tons shipped as of January 13; methanol-to-olefins (MTO) profits remain low, and some coastal MTO facilities have maintenance plans, which will suppress the upside potential of prices [1]
甲醇：地缘扰动 价格震荡
Jin Tou Wang·2026-01-15 03:04