The apparent consumption of China's methanol industry chain in 2016 and its future outlook

China's apparent methanol consumption continued to rise in 2016.
The apparent consumption from January to November was 47.
25 million tons, an increase of 5.
11% over the same period last year.
The growth rate of apparent consumption continued to narrow this year
.
The traditional downstream of methanol in China continues to show a trend of shrinking.
In 2016, the production capacity of formaldehyde and dimethyl ether showed negative growth.
Among them, the start of dimethyl ether was only about 20%, and the formaldehyde also dropped to slightly more than 40%.
There is no new plant planned for production in the later period of this product.
, And under the influence of the country's supply-side reforms, some long-term idle production capacity will gradually become invalid, and production capacity may continue to decline
.
Although the production capacity of acetic acid and MTBE has maintained an increasing trend, the slowdown in the growth rate of production capacity has also slowed down significantly
.
The development of the formaldehyde industry showed a downturn in 2016.
Under the background of overcapacity, China's formaldehyde production capacity has experienced negative growth this year.
Data show that in 2016, there were more than 600 formaldehyde manufacturers in China, most of which were small devices with a capacity of 50,000 to 100,000 tons per year.
The annual production capacity is 36 million tons, and the average annual start-up is around 43%
.
This year, the environmental protection supervision has been strengthened, and some small installations with 30,000 tons of 30,000 tons and long-term shutdown workshop-type installations have gradually failed
.
In recent years, the production capacity growth rate of China's formaldehyde industry has gradually slowed down.
From 2010 to 2015, the production capacity growth rate was at the level of 1.
2%-4.
1%, which is far lower than the development speed of raw methanol.
The proportion of formaldehyde in methanol consumption has been decreasing year by year
.
Although China's acetic acid production capacity has maintained an increasing trend in recent years, the growth rate has continued to slow down.
In 2016, only Henan Longyu's 400,000 tons/year project was put into operation in August 2016
.
At present, the actual effective production capacity of domestic acetic acid plants is 8.
6 million tons/year, of which Yunnan Yunwei, Daqing Petrochemical Company and Shaanxi Yulin Natural Gas Chemical Group have already stopped production, and there is no possibility of restarting in the future, so they are not included
.
At present, the actual operating capacity of the device is 8.
6 million tons/year
.
No new news has been heard in 2017, Guangxi Qinzhou 500,000 tons/year plant will be put into operation time undetermined
.
China's dimethyl ether production capacity will gradually increase before 2013.
In that year, China's annual production capacity of dimethyl ether reached 12.
8 million tons.
However, dimethyl ether, as a substitute for liquefied gas, has a single purpose and is difficult to introduce national policies.
In addition, the raw material methanol The continuous increase in prices has gradually put pressure on the dimethyl ether industry, and the development of the industry has suffered a serious setback
.
Since 2014, the production capacity of dimethyl ether has gradually declined, and it has been negatively normal for three consecutive years.
As of the end of 2016, China's annual production capacity of dimethyl ether was 10.
54 million tons, a drop of 260,000 tons from last year
.
At present, the normal operating capacity in China is only 6-7 million tons/year, and the operating rate of most enterprises' installation capacity is only maintained at half, and some enterprises are in a state of suspension or self-use all year round
.
In 2016, the growth rate of China's MTBE device capacity slowed down.
According to statistics from Jinlianchuang, the total capacity of China's MTBE device in 2016 was about 16.
24 million tons, an increase of 9.
58% compared with 2015.
With the increase in MTBE device capacity Expansion, the market has encountered a series of problems such as insufficient supply of raw materials and a decline in the operating rate of equipment
.
The production capacity put into operation in 2016 was basically the equipment that was delayed last year .
And the new capacity is mainly isobutane dehydrogenation unit, mainly: Shandong Qixiang Tengda (350,000 tons/year), Shandong Dongming Petrochemical (350,000 tons/year), Hebei Xinxinyuan (300,000 tons/year) years), Heilongjiang Anrui Jia (300,000 tons / year) and so on
.
In view of industry optimization, restructuring and mergers and other factors, the traditional downstream methanol is difficult to change, and the development trend of most product capacity is not optimistic for the time being
.