Recently, the low-pressure tower of the AA-grade methanol distillation project in the first phase of the second stage of Shaanxi Coal Yulin Chemical, undertaken by the Sixth Branch of China National Chemical Engineering Sixth Construction Co., Ltd., was successfully hoisted into place. This marks the first major equipment hoisting for the entire project, setting a strong start for the year's construction efforts. PriceSeek Analysis on Methanol, Bull-Bear Score: -1. The article reports the successful hoisting of the low-pressure tower in the methanol distillation project of Shaanxi Coal Yulin Chemical, indicating significant progress in the project's construction and suggesting a potential increase in future methanol supply capacity. This raises market expectations of oversupply, exerting downward pressure on spot methanol prices. Combined with methanol MA futures data, such as the closing price of the main contract 2605 (May 2026) at 2,352 yuan/ton, although there has been a recent increase (change of +12.00), the factor of increased supply may restrain future gains, putting pressure on futures prices. The overall impact is moderately bearish, with a score of -1.
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