PDF, 1656.20K - China XLX Fertiliser Ltd
PDF, 1656.20K - China XLX Fertiliser Ltd
PDF, 1656.20K - China XLX Fertiliser Ltd
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Business Review - Methanol• Methanol business still benefited from retreated coal price in1H2013.• Overall, methanol ASP was still volatile because of theovercapacity situation in <strong>China</strong>.• With increasing penetration of M15 methanol gasoline (withmaximum 15% methanol fuel additive) across <strong>China</strong> in 2012 andrecovery of property market and auto market, methanol hadgrowing demands from downstream applications.14
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