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Methanex Corp., the world’s largest producer and supplier of methanol, maintained its Asian contract price (ACP) for April 2021 at $430 per ton, compared to March prices.
Monthly prices issued by Methanex are considered as an indicative price for other producers, as well as for the spot market.
Asia Futures Contract Prices for Methanol
Month | Value (Dollar\Ton) | Change |
---|---|---|
2021 January | 405.00 | 55.00 |
2021 February | 430.00 | 25.00 |
2021 March | 430.00 | 0.00 |
2021 April | 430.00 | 0.00 |
The company gives an average of 15% discount to buyers compared to contract prices.
The spot price in China, the world’s biggest importer of methanol, reached $290 per ton, according to data compiled by Argaam.
Methanol Producers List
Production Company | Company Status | Production Capacity (Thousand tons) | Usage |
---|---|---|---|
Methanol Chemicals Co. | Listed | 231.00 | Feedstock |
International Methanol Company | Unlisted | 1,300.00 | Final Product |
Saudi Methanol Company | Unlisted | 4,800.00 | Final Product |
National Methanol Company | Unlisted | 1,050.00 | Feedstock |
Gulf Petrochemical Industries Co | Unlisted | 450.00 | Final Product |
Total | 7,831.00 |
Methanol Reports
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