Methanol Futures in China Rise on Industrial Restocking Cycle

Industrial Demand Resilience

MTO plants are running at over 80% capacity as they capitalize on a slight recovery in plastics demand. This consistent offtake is absorbing surplus domestic supply, helping methanol prices decouple from the broader energy downturn.

Feedstock Cost Push

Rising domestic coal prices in China have increased the cost of production for methanol. Producers are passing on these costs to downstream buyers, further supporting the ¥2,200 floor.