MMSA Methanol Notes – 2020-10-06

USD $67.01

China Methanol Demand Growth Rebounds on Economic Recovery



Methanol demand growth in China, the world’s largest methanol producer and consumer, has rebounded strongly through the third quarter and is set to make a strong finish to 2020. Data to September and MMSA analysis implies year to date demand is more than 5 percent higher than at the same stage in 2019. If the current trend continues, demand for the full year could be as much as 7 percent higher than last year.