Tianfeng Securities: The end of overseas expansion + "anti-involution" The methanol industry's prosperity is expected to continue to rise

Tianfeng Securities released a research report indicating that the global methanol production capacity growth rate has reached 4.6% per year over the past 5 years, exceeding the demand growth rate of 2.7% per year, resulting in a relative market surplus. In the future, the expansion of new overseas production capacity will mainly focus on Iran, but due to unstable natural gas supply, there is uncertainty in project progress. Domestically, the National Development and Reform Commission will strictly approve new coal chemical projects, leading to the suspension of several coal-to-methanol projects, which may exacerbate the supply-demand contradiction of methanol in the future

JINNIU CHEMICAL: Net profit of 26.7079 million yuan in the first half of 2025, a year-on-year increase of 1.65%

JINNIU CHEMICAL announced that in the first half of 2025, operating revenue was 235 million yuan, a year-on-year decrease of 1.42%. Net profit was 26.7079 million yuan, a year-on-year increase of 1.65%

The chemical sector fluctuates and rises, with XINGHUA CHEMISTRY and other stocks hitting the daily limit

Oil and gas stocks continue to strengthen, driving a broad rebound in the chemical sector. XINGHUA CHEMISTRY has rebounded to the daily limit, achieving 3 boards in 7 days. Liuguo Chemical, Zhongyida, Danhua Technology, and BHCC have reached the daily limit, while JINNIU CHEMICAL, Redwall, Chitianhua, and YMCC have seen significant gains

JINNIU CHEMICAL, which has been on a continuous rise for four trading days, stated that there has been no significant change in the company's methanol sales prices recently

JINNIU CHEMICAL, which has seen four consecutive trading limits, issued an announcement regarding abnormal stock trading fluctuations and risk warnings. After self-examination, the company stated that there have been no significant changes in its main business, and its production and operational activities are currently normal. Based on publicly available information, the company has not found any significant adjustments in industry policies. The company believes that the current operating rate of methanol production facilities is relatively high, and market supply is quite sufficient, while downstream methanol demand has not undergone significant changes. Recently, the company's methanol sales prices have not experienced substantial fluctuations

JINNIU CHEMICAL: The company believes that the current operating rate of methanol production facilities in the market is relatively high, and the market supply is quite sufficient, while the downstream methanol demand has not undergone significant changes. Recently, the company's methanol sales prices have not changed significantly