Formaldehyde:

China's formaldehyde enterprises have the characteristics of small scale and many sets, 97% of which are private and private enterprises. The production process is simple, and our country is dominated by silver method. Generally speaking, the production of formaldehyde consumes about 0.45 tons of methanol per ton. In recent years, formaldehyde has relied on real estate, and this year China's housing industry has cooled significantly, spreading to the construction industry, decoration industry and furniture industry, thus affecting the demand for formaldehyde. In the traditional peak season of "Golden Nine and Silver Ten", China's formaldehyde starts only at 5-6%, down about 1-2% from the same period in previous years. However, the rapid decline in international oil prices has weakened the digestion capacity of methylal and other blended oil raw materials and made it more difficult to sell formaldehyde. The start-up of domestic formaldehyde plants has declined since mid-December and has now dropped to 3-4%, and some enterprises plan to stop around mid-January, this time point is about 1 month earlier than in previous years.

acetic acid:

in 2014 is fair. Due to the concentrated news of acetic acid plant maintenance in the first half of the year, the price of acetic acid soared and the production profit was rich, up to 1200 yuan/ton. Therefore, the overall starting load was at a high level and the output reached a new high during the year. According to statistics from Treasure Island, the current start-up of acetic acid plant in China is 68.41, and the Thorpe plant will be reduced by minus 20% due to gas supply system problems on December 21, with an expected duration of one month. Anhui Huayi stopped on January 3 for 7-10 days of maintenance. Southwest manufacturers are expected to stop for 20 days during New Year's Day, but the manufacturers have not officially announced it. It is estimated that the demand for acetic acid from the new production capacity in the main downstream of acetic acid in 2015 is about 1.338 million tons/year, while the new production capacity of acetic acid in the future is only 400000 tons/year in Longyu, Henan Province. According to this trend, the situation of acetic acid overcapacity will be improved. But overall, the tight supply situation is not too obvious.

DME:

, but it did not receive corresponding policy support. In 2014, the domestic supervision on the mixing of dimethyl ether and liquefied gas continued unabated, with an average annual start of only about 20%. It is worth mentioning that, affected by the sharp drop in crude oil, the price of liquefied gas in China dropped sharply. In December, dimethyl ether fell into the dilemma of nowhere to sell, resulting in large-scale shutdown of dimethyl ether factories; this phenomenon improved slightly at the end of December. Up to now, the overall operation of domestic dimethyl ether plants has been around 30%.

the overall performance of MTBE and methylal, the raw materials for oil blending, is general. In July, the Internal Revenue Service announced the policy of changing and exchanging VAT invoices for refined oil products, which made it more difficult for some oil blending companies to operate. Some companies suspended the production of blended oil and therefore temporarily stopped the purchase of blended oil raw materials. The phenomenon reappeared in December, the current domestic MTBE overall construction in 3-4%, lower than the same period in previous years about 10%, some enterprises shut down and no restart plan years ago.

as a whole, the traditional downstream is about to face the off-season before the Spring Festival, for the longest time of the year, the lowest period of construction, the continuous weakening of traditional downstream demand, but also adversely affect the consumption of methanol.