At that time, the global methanol overcapacity situation is expected to be effectively alleviated, and the average operating rate of methanol equipment will rise from 60%-65% in the past two years to around 80%. This is the information obtained by the reporter from the 2012 my country International Nitrogen Fertilizer and Methanol Conference.Pang Xiongying, my country's senior director of IHS Consulting, conducted a specific analysis of the global methanol market. He pointed out that in 2011, global methanol demand reached 54 million tons. In the next few years, driven by the rapid development of emerging applications, global methanol demand will soar to 85 million tons in 2015. At that time, the global methanol overcapacity situation is expected to be effectively alleviated, and the average operating rate of methanol equipment will rise from 60%-65% in the past two years to around 80%. This is the information obtained by the reporter from the 2012 my country International Nitrogen Fertilizer and Methanol Conference.

Pang Xiongying, my country's senior director of IHS Consulting, conducted a specific analysis of the global methanol market. He pointed out that from 2008 to 2011, global methanol production capacity increased at an average annual rate of 10 million tons, while the growth rate of demand during this period lags far behind the growth rate of production capacity. Due to a large amount of overcapacity, the average operating rate of methanol equipment is maintained at 60%-65%. From 2012 to 2015, the global annual new methanol production capacity is expected to be 3 million tons. At the same time, the demand for emerging applications such as methanol blended gasoline, methanol-to-dimethyl ether and methanol-to-olefins will continue to increase rapidly, especially By 2015, a large number of methanol-to-olefin projects in my country will be put into operation. The consumption of methanol in this category will exceed 15 million tons. The rapid increase in demand is expected to bring the average operating rate of methanol equipment back to about 80%.