China Xuyang Group surges over 20% intraday, company is a coke oven gas to methanol producer

SadMoneyMeow · 2026-03-13T10:08:02+00:00

China XuYang Group's stock price rose more than 20% during intraday trading, affected by rising international oil prices and geopolitical tensions. As a methanol producer, the company's annual methanol production capacity reaches 600,000 tons, and demand may increase due to Middle East conflicts.

SadMoneyMeow

2026-03-13 10:08:02

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China Xuyang Group (01907) surged over 20% intraday, reaching a high of HKD 3.98. As of the latest update, the stock price increased by 6.99%, currently trading at HKD 3.52, with a turnover of HKD 921 million.

The geopolitical situation has pushed up the international oil price center. CITIC Securities previously reported that rising oil prices may make coal chemical industry one of the important factors influencing domestic coal prices. Especially in the Middle East, which is a major source of China’s methanol imports. If conflicts disrupt regional logistics, domestic coal-based methanol demand could further increase, benefiting coal-consuming methanol production even more.

China Xuyang Group, the largest producer of methanol from coke oven gas in China, currently has an annual methanol production capacity of 600,000 tons, making it a key part of the company’s “alcohol-amine” industry chain. In addition, the company is also the world’s largest independent coke producer and a leading producer of caprolactam.

(Edited by: Wang Zhiqiang HF013)

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