Methanex maintains November methanol prices for Asian buyers

27/10/2022 Argaam Exclusive

Methanex Corp., the world’s largest producer and supplier of methanol, kept its Asian contract prices (ACP) for November unchanged month-on-month at $410 per ton.

Asia Futures Contract Prices for Methanol

Month Value (Dollar\Ton) Change
2022 January 500.00 (20.00)
2022 February 480.00 (20.00)
2022 March 480.00 0.00
2022 April 540.00 60.00
2022 May 520.00 (20.00)
2022 June 480.00 (40.00)
2022 July 450.00 (30.00)
2022 August 420.00 (30.00)
2022 September 410.00 (10.00)
2022 October 410.00 0.00
2022 November 410.00 0.00

Monthly prices issued by Methanex are considered a benchmark for other producers and for the spot market. The company gives a discount of 15% of the contract price to buyers.

 

The spot price in China, the world’s biggest importer of methanol, reached $320 per ton, according to the latest 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

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.