December 29th News
It is reported that Sabic’s total methanol production capacity of 4.8 million tons per year remains with one unit under long-term shutdown, while the other units are operating normally.
Chempricehub Analysis of Methanol:
Bull-Bear Score: 1
Sabic’s 4.8 million tons/year methanol unit is under long-term shutdown, leading to expectations of reduced supply, which provides positive support for spot prices and may push up market quotations. Combined with futures market data, the main methanol contract 2605 (closing price on December 26, 2025: 2,161 yuan/ton, settlement price: 2,146 yuan/ton, down 19 yuan) has shown a recent downward trend. The decrease in open interest indicates bearish market sentiment, but the news of the unit shutdown may alleviate downward pressure and support a rebound in futures prices. Therefore, it is rated as moderately positive.