Methanol prices in southeast Asia were assessed stable in the week ended 22 March at $315-320/tonne on CFR (cost & freight) basis, according to ICIS data. CFR China was assessed at $362/mt on Wednesday, flat from Tuesday amidthin discussions. Insight MORE>> Big events on China methanol industry in 2020: 30 Dec: Methanol affected by … The rally was driven by exceptionally tight supply from the Middle East, as well as expected demand from several methanol-to-olefin plants, according to industry sources. Methanol tank inventory in South China main ports (Dec 31, 2020) Dec 31 2020 1:47PM : Methanol tank inventory in East China main ports (Dec 31, 2020) Dec 31 2020 1:42PM : Methanol price range bound in Taicang in the morning: Dec 31 2020 12:17PM : May contract for methanol futures opens 14 higher: Dec 31 2020 9:53AM And small vessels were harder tofind, he said. CFR China methanol price discount to CFR SEA nears two-year high at $41/mt, China to launch national carbon emissions trading scheme on Feb 1. PRINT. END . Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets. The price will be assessed on a cfr eastern China ports basis. Market players have a bearish outlook on the methanol market for the rest of the year, with additional domestic capacities starting up in China, and the possibility of fresh supply coming from Iran. Methanol is used predominantly as feedstock for olefins and formaldehyde production, as well as in direct fuel blending. All contain unbiased and independent price news. In South Korea, shore tank stock levels were heard to be tight as vessels saw delays at Chinese ports, before heading to South Korea, said trade sources. The CFR China methanol price rose $13/mt week on week last Friday to be assessed at $353/mt. In Korea, Methanol prices were steady. Lastyear, it was high, around 50-60%.". The CFR China methanol price discount to CFR Southeast Asia has hit a21-month high of $41/mt, Platts data showed Thursday, amid plentiful suppliesin China and tightness in Southeast Asia. Trade sources estimated 50,000-60,000 … China Head Office: Europe Office: NetSun EU B.V. Tel: +86-571-87007905 Tel: +31-10-8421148 Email: support@sunsirs.com Email: support@sunsirs.com These prices are not based on market activity. Receive daily email alerts, subscriber notes & personalize your experience. Track historical price data, News & market analysis specifically relating to Methanol. Domestic prices was heard at Yuan 2,620/mt or $332.45/mt on an importparity basis on Wednesday, down Yuan 10/mt from Tuesday. The SGX Platts Methanol CFR China Swap and the SGX Platts Methanol CFR China Futures will both be listed with 12 consecutive contract months, starting from 24 February 2020. Methanex posts regional contract methanol prices for North America (1-30 Nov 2020). This could present some upside in CFR Korea prices for July, they added. On June 12, 2018, the CFR China methanol price was at $402/mt and on June 12, 2019, at $262/mt, Platts data showed. ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. In recent years, environmental concerns has led to the use of cleaner products and methanol … prices Domestic prices Methanol futures Inventory levels Local material availability Crude oil and global factors Key drivers for day-to-day spot prices: Methanol futures Chinese domestic prices Key drivers for long-term price trend Supply Demand 0.93 0.69 0.61 0.54-0.60 0.39 Key factors in monitoring spot CFR China prices If you have any questions or concerns please contact support@platts.com or click here, Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center. The Monthly Methanol Price Forecasts include Coal, Delivered Cost Parity, US (FOB USGC), Europe (FOB Rotterdam T2), and China (CFR) for 60 prior months and future months through December 2021. Between 2020 and 2025, 19 new steam crackers will come online with a total nameplate capacity of 19.7 Mtpa. The discount last reached $41/mt on July 12, 2011. Chinese import prices were last seen above the $300/tonne CFR China mark from December 2016 to mid-April 2017, the data showed. Subscribers to our Commodity Price Database have access to Methanol and as many as 217 other commodities prices across several countries from main world regions. This could present some upside in CFR Korea prices for July, they added. According to the monitoring data of SunSirs, as of December 15, the average price of methanol producers in Shandong was 2,210 RMB/ ton, with the price rising by 4.12% on a month on month basis and 4.25% on a year-on-year basis. On Tuesday, CFR China offers were heard at $365/mt, against buying indications of $355/mt and above. Commodities. Under current prices, a Chinese buyer would pay significantly more foran imported cargo than a domestic one. The spread between the CFR Korea and CFR China methanol prices could more than double this year because of imposition of sanctions against Iran, which is making South Korean imports more expensive, market sources said Tuesday. Chinese imported methanol prices have steadily declined from highs of $308/mt CFR in March to $250/mt CFR for August as ongoing US-China trade tensions have resulted in languid downstream petrochemical prices. Then on Wednesday, buying interest roseto $405/mt. An email confirming your password has been sent. Downstream buyers made active purchases and thus, import prices kept rising. A cargo headed to Indonesia would likely go to Dumai, "but it's toofar," he said, as the extra freight would not make the trade as attractive. Access latest petrochemicals news and analysis, conferences and events. The CFR China methanol price has risen 11% since the start of this month to be assessed at $382/mt Tuesday, just short of a three-year high, S&P Global Platts data showed. Indonesia's Kaltim Methanol Industri will shut its 660,000 mt/yearmethanol plant at Bontang in November for its annual turnaround. Aromatics - Weekly China Benzene; Toluene; Intermediate - Weekly China DOP; PA; 2-EH ... CFR PRICES OF methanol - SOUTH ASIA REGION . China Methanol Methanol Market Saudi Arabia’s Sabic buys China spot methanol to cover Al-Razi production losses Singapore (Platts)--8 Sep 2017 438 am EDT/838 GMT Sabic procured 45,000 mt of CFR China… Singapore (Platts)--8 Sep 2017 438 am EDT/838 GMT Sabic procured 45,000 mt of CFR China… Web Team September 8, 2017. Insight and analysis of factors driving prices. -CFR India 202-204(+5) $/mt -CFR China 219-221(nc)(LC 0-30 Days). Traders said that the typical industry premium for CFR Korea comparedwith CFR China was $5/mt before the sanctions came into effect and this wasbecause of differences in freight and market size. Named the SGX Platts Methanol CFR China Swap and the SGX Platts Methanol CFR China Futures, they will both be listed with 12 consecutive contract months, starting from Feb 24, 2020. International traders are seeking more transparency and better tools for price discovery and risk management to hedge methanol prices and exposure, said William Prajogo, SGX petrochemical product manager. On October 13, the ICIS China... ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. Market analysts spotted Methanol prices in the range of US$ 370-375/ton FOB Korea. But European spot prices should remain stable in … The Monitor for China Methanol Prcies and China Methanol Daily Prices is provided by Sunsirs, China Commodity Data Group The CFR China methanol price rose $13/mt week on week last Friday to be assessed at $353/mt. European methanol contract prices for the first quarter of 2019 have mirrored declining global values, pressured by dwindling Chinese demand from the Methanol to Olefins (MTO) sector, and the start-up of new production capacity in the US and Iran. The CFR China methanol price discount to CFR Southeast Asia has hit a21-month high of $41/mt, Platts data showed Thursday, amid plentiful suppliesin China and tightness in Southeast Asia. Register Now. More information about the price reports we publish on Methanol if the 5th attempt fails, the account will be locked for 30 minutes, Please use only English characters (A-Z, a-z), You already have an account, Please log in or reset password. 1 2 3 Next. The CFR China methanol prices averaged $163.79/mt over 14 trading days in July, compared to $155.36/mt in the month of June, while CFR Southeast Asian methanol prices have averaged $207.14/mt so far in July, compared to $176.18/mt in June, S&P Global Platts data showed. Ethanol increased 0.08 USD/GAL or 6.05% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Methanol. Settlement prices on instruments without open interest or volume are provided for web users only and are not published on Market Data Platform (MDP). Your registration is complete and your account is active. In terms of positive factors, US-denominated methanol price surged, driving up China domestic market. The average operating rate of international methanol plants has been hovering low, at around 60-65% since September. Over 25 years of reporting on key chemicals markets, including Methanol, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Methanol:CFR China Price Spread Expands. ... real-time market data feeds. 1 plant at the same location isoperating at 90% of capacity. The buyer in Taiwan said he was willing to buy, but was unable to find a vessel. Recently, China domestic methanol market continued to rise, some manufacturers increased the ex-factory quotation, the price adjustment range was about 50-80 RMB/ ton. Relevant information. A firm bid for a more prompt cargo, for delivery at the end of May, was heard at $360/mt. Methanol plants in China have ramped up operating rates to an average60-70% so far this year, compared with about 50% in 2012, traders said, as afall in coal prices -- the more commonly used feedstock in China versusnatural gas in the US and Europe -- has led to improved profit margins. Methanol prices in the range of US$ 365-375/ton FOB Korea and CFR Japan. We expect the 2019 methanol price to drop to around US$265/ton CFR China. By the close of trade on 9 December, ex-tank prices in east China were at yuan (CNY) 2,620-3,050/tonne, up by CNY720-980/tonne from 30 September, while those in south China were at CNY2,560-2,970/tonne, up by CNY540-900/tonne from 30 September. Access latest power news and analysis, conferences and events. .. In South Korea, shore tank stock levels were heard to be tight as vessels saw delays at Chinese ports, before heading to South Korea, said trade sources. $/mt. The source said freight for a 5,000 mt cargo from China to Singaporewould be around $25/mt, while freight for the same cargo from China to thePhilippines would be $30/mt. Size: Small Medium Big. The Methanol market price reports are covered weekly in Asia, China, Europe and the US and daily in Asia. This chart compares global methanol pricing in key regional markets (United States Gulf Coast, Rotterdam, Coastal China) on a spot and contract (posting before discounts) basis. methanol ; related news . overseas markets, November IPEX up 11% on soaring prices in Asia, China petrochemical markets gain in active post-holiday trade, Please find more information on the cookies used on our site here, Weekly prices – import, domestic and historical, Latest news, hot topics and market commentary, Petrochemical analytics – Live Supply Disruption Tracker, Price Drivers Analytics, Supply and Demand Outlooks, Monitor price trends in China and benchmark your contract settlements, Gain a complete view of China’s prices and trading activity, Manage portfolio expenses, conduct profit and loss (P&L) analysis, Inform your future trading strategies in and out of China. New methanol projects due on stream in Q2 2019 could be balanced by healthy methanol-to-olefin (MTO) demand in China. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. Despite more favourable economics, CTO investments have also slowed due to concerns around environmental and water issues. The new contracts are cash settled in reference to the S&P Global Platts daily price assessment for methanol. The CFR China methanol price has risen 11% since the start of this month to be assessed at $382/mt Tuesday, just short of a three-year high, S&P Global Platts data showed. Commodities broker SCB Group executed the first CFR China methanol swap trade on the Singapore Exchange Tuesday since methanol futures and swap contracts … Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. Methanol CFR China current prices reported at USD 380 – 395 PMT. Brunei Methanol Company plans to shut its 850,000 mt/year methanol plantat Sungai Liang Industrial Park on May 1 for a 45-day turnaround. In northern China, prices largely fluctuated within a narrow range. The third producer, Malaysia's Petronas Chemicals, was running its No. CFR China methanol prices at $254/mt are back to levels seen in January and are around 20% higher than in November last year, rebounding from an 11-year low of $152/mt in June, S&P Global Platts data showed. Meanwhile, an Indonesian source noted that demand there was strongbecause of lower crude palm oil prices, which were motivating biodieselproducers to increase production and order more methanol feedstock. A Methanol producer contracted with an MTO plant to sell 5kt per month of Methanol in Q3 2019 based on the monthly average of Methanol CFR China prices. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments. The U.S. Gulf methanol closed at 117.75-118.25 Cents/ Gallon; FOB Rotterdam methanol closed at 344.00-345.00 Euro / ton, up 2 Euro / ton. Methanol prices were stable in the same week in Korea and Japan. The rally was driven by exceptionally tight supply from the Middle East, as well as expected demand from several methanol-to-olefin plants, according to industry sources. The MMSA data is also available in excel form via the link below. Methanol CFR China: Methanol CFR Korea: Methanol CFR South East Asia: MEG CFR China: MEG CFR South East Asia: Product Select Period Note : The price change is in comparison with previous day’s prices. Domestic methanol prices hit highest level since April 2019 Domestic... LONDON (ICIS)--The ICIS Petrochemical Index (IPEX) continued to climb in November, increasing by 11.18% for the month, tracking price increases for most of the major petrochemical and plastics... LONDON (ICIS)--The ICIS Petrochemical Index (IPEX) continued to rise in October, increasing by 4.0% for the month, tracking price increases for most of the major petrochemical and plastics... SINGAPORE (ICIS)--China's domestic petrochemical markets are registering strong post-holiday gains on the back of tightened supply and robust restocking demand. Chemicals. .. With increasing methanol supply in the Middle East, the US and China, and the slow demand growth from MTO units, methanol prices will lack … China methanol import prices surpass $300/tonne mark. The buyer said a reasonable CFR Taiwan price would be around $390-395/mt, $5-10/mt higher than CFR China offers. The plantpreviously shut December 31 due to a technical problem, then restartedJanuary 1. Published and derived by our local industry experts, our on-the-ground price reporting, insights and data analytics solutions provide the following: Domestic methanol prices saw continued gains in the fourth quarter. Southeast Asia has three major methanol producers. Price points for other mainland China ports obtained directly from active market participants will be normalized to a cfr eastern China basis. Enquire about the supply and demand database. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. [Yes] I would like to receive S&P Global Platts promotional emails. A firm bid for a more prompt cargo, for delivery at the end of May, was heard at $360/mt. Size: Small Medium Big. China Methanol Methanol Market. The spread between the CFR Korea and CFR China methanol prices could more than double this year because of imposition of sanctions against Iran, which is making South Korean imports more expensive, market sources said Tuesday. Access latest metal news and analysis, conferences and events. METHANOL T2 FOB RDAM (ICIS) FUTURES - QUOTES Globex. Methanol Price. Methanol is primarily used to produce formaldehyde, methyl tertiary butyl ether (MTBE) and acetic acid, with smaller amounts going into the manufacture of DMT, MMA, chloromethanes, methylamines, glycol methyl ethers and fuels. CFR SEA was assessed at $402/mt Wednesday, up $2/mt. Asian methanol prices are expected to come under heavy downward pressure in April after a ramp up in production in Southeast Asia and an influx of Iranian-origin cargoes, trading sources said Wednesday.. Domestic prices was heard at Yuan 2,620/mt or $332.45/mt on an importparity basis on Wednesday, down Yuan 10/mt from Tuesday. SGX launched world's first CFR China methanol swap/futures contracts on February 24 to better meet market demand for suitable price-discovery and risk-management tools to hedge methanol price exposures, Prajogo said. Aviation Fuel; … Aromatics Benzene FOB Korea Expand Graph: Select Period: Weekly CFR China Prices - 30 Dec 2020; Product Price (USD/MT) Change (USD/MT) 1 Month ago 3 Months ago 6 Months ago 12 … Chinese imported methanol prices have steadily declined from highs of $308/mt CFR in March to $250/mt CFR for August as ongoing US-China trade tensions have resulted in languid downstream petrochemical prices. The trader noted that while the arbitrage looked open on paper, therewere some challenges to overcome, including ease of sale. By the close of trade on 9 December, ex-tank prices in east China were at yuan (CNY) 2,620-3,050/tonne, up by CNY720-980/tonne from 30 September, while those in south China were at CNY2,560-2,970/tonne, up by CNY540-900/tonne from 30 September. China’s import methanol prices remained on an upward path in the fourth quarter. As well as the daily CFR China methanol assessment, Platts assesses the daily CFR Southeast Asia ($/mt) spot methanol reflecting cargoes for delivery 20-40 days forward from the date of publication, with cargo size within 2,000-5,000 mt. Quality specifications are minimum purity of 99.85%; maximum water content of 0.1% by total weight; maximum ethanol content of 50 parts per million (ppm). -China Domestic 1914-1916(-33) yuan(LC at Sight). Methanol:CFR China Price Spread Expands. The SGX Platts Methanol CFR China Swap and the SGX Platts Methanol CFR China Futures will both be listed with 12 consecutive contract months, starting from 24 February 2020. Enter your Email ID below and we will send you a link to reset your password. We offer the following regional Methanol analysis and news coverage to keep you informed of factors and developments affecting prices in the China Methanol marketplace. We expect the 2019 methanol price to drop to around US$265/ton CFR China. He said it might behard to find a buyer in Singapore, and that a high-priced cargo might not beeasily sold in Thailand. The fall in CFR China prices have raised concerns among traders, with one saying he would not participate in the latest sell tender issued by Kharg for 9,500 mt of methanol. "In the past, 35-40% [was normal]. The company's 660,000 mt/year No. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., GB power system operator cancels generation margin warning, Commodity Prices and Essential Market Data, Americas Petroleum & Energy Virtual Conference. If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. ICIS publishes weekly pricing information for China’s volatile methanol markets. Historically, Ethanol reached an all time high of 4.33 in June of 2006. Lower prices in China have cooled interest in the methanol import marketthere. Access latest gas news and analysis, conferences and events. See a … CFR China was assessed at $362/mt on Wednesday, flat from Tuesday amidthin discussions. We use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. Sellers were less inclined to move cargoes, considering continued increases in methanol futures, persistently tight spot supply at ports and expectations about the start-up of two olefins plants in China’s coastal regions. At this price, some MTO producers can survive. Based on the price chart and market conditions, he believed that Methanol prices have peaked and would start to go down in the following quarters and decided to lock in his profit margin. PRINT. Methanol prices were spotted at US$ 360-365/ton CFR China. Not registered? "The operation rate hasn't increased to this level before," said onetrader in China earlier this month. China Chemical Market Intelligence Solution, VIDEO: China methanol hit new high on bullish domestic, On June 12, 2018, the CFR China methanol price was at $402/mt and on June 12, 2019, at $262/mt, Platts data showed. The new contracts are cash settled in reference to the S&P Global Platts daily price assessment for methanol. In recent years, the use of methanol in the production of olefins or methanol-to-olefins … Methanol is used as a feedstock for olefins and formaldehyde production, as well as in direct fuel blending. China CFR methanol prices for August have fallen 35% on the year and 5.6% on the month to $250/mt CFR, S&P Global Platts data showed. In northern China, prices largely fluctuated within a narrow range. Please note: Price sheets are updated at the end of each month and posting time may be delayed The Power of Agility® Methanex Corporation is the world’s largest producer and supplier of methanol to major international markets in North America, Asia Pacific, Europe and South America. On Tuesday, CFR China offers were heard at $365/mt, against buying indications of $355/mt and above. Methanex posts regional contract methanol prices for Asia Pacific (Nov 1-30, 2020). Methanol CFR China prices were hovering in the range of USD 425 - 440 PMT in January 201 Global Methanol Prices Up amid Bullish Fundamentals; Weekly Summary:China’s Coastal Methanol Prices Fluctuated Upwards (Oct 30 – Nov 5) November China Methanol Market Price to … Over the same period, methanol prices on CFR China basis rose by $1/tonne at the upper end of the range to $287-315/tonne while prices were down by $3/tonne at the low end of the assessment, the data showed. Prices have steadily increased since end-July, gaining a cumulative 5.5% to $290/tonne CFR China in the week ended 18 August, according to ICIS data. Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com, Methanol China prices, markets & analysis. You can control cookies through your browser settings. Access latest coal news and analysis, conferences and events. Intratec provides Methanol pricing data, covering 13 years of historical prices and forecasts. ... VIDEO: China methanol hit new high on bullish domestic, overseas markets Tue, 22 Dec 2020 10:35. Subscriber Notes can be received by Commodity Region, and Note Type. Together with each pricing report subscription, ICIS now provides the following diagnostic and prescriptive solutions for China methanol, to help you make critical business decisions in and out of China and plan for the future: The ICIS Supply and Demand Database provides a single, highly searchable source of detailed historical data as far back as 1978 and forecast data up until 2040 for methanol in China. A buyer was in the market in the past week looking for a 3,000 mt cargoarriving May 15-20 at around $400/mt. Methanol is seen as a strategic fuel by the rapidly growing nation due to its clean fuel benefits, favorable economics, the ease of adopting methanol in current fueling infrastructure, and the advantage of being able to use alternative feedstocks in a nation that is lacking in domestic oil reserves. Global Methanol Prices Up amid Bullish Fundamentals; Weekly Summary:China’s Coastal Methanol Prices Fluctuated Upwards (Oct 30 – Nov 5) November China Methanol Market Price to Fluctuate Upwards; Monthly Summary:China’s Coastal Methanol Prices Fluctuated Upwards in October ; … Methanol (), auch Methylalkohol (veraltet Holzgeist oder Holzalkohol), ist eine organisch-chemische Verbindung mit der Summenformel CH 4 O (Halbstrukturformel: CH 3 OH) und der einfachste Vertreter aus der Stoffgruppe der Alkohole.Unter Normalbedingungen ist Methanol eine klare, farblose, entzündliche und leicht flüchtige Flüssigkeit mit alkoholischem Geruch. Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. On the external side, as of December 15, the closing price of CFR China methanol was $280.50-281.50/ ton, up $1/ ton; CFR Southeast Asia methanol closing price was $314.50-315.50/ ton. Access latest shipping news and analysis, conferences and events. CFR SEA was assessed at $402/mt Wednesday, up $2/mt. Intratec provides Methanol pricing data, covering 13 years of historical prices and forecasts. The fall in CFR China prices have raised concerns among traders, with one saying he would not participate in the latest sell tender issued by Kharg for 9,500 mt of methanol. Subscribers to our Commodity Price Database have access to Methanol and as many as 217 other commodities prices across several countries from main world regions. Meanwhile, supply has been tight in Southeast Asia. With oil prices supported they are viewed as operating at a profitable level, plus there is an expected start-up of a Chinese MTO plant in April. The discount last reached $41/mt on July 12, 2011. ICIS launches Global Methanol Markets General Methodology Consultation more >>. Please contact the Client Services team. Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach. This pressured methanol prices to a record low $156/mt CFR China on May 26; well below the previous record low of $161.50/mt CFR China set on December 18, 2008, S&P Global Platts data showed. Since the beginning of March, Asian methanol prices have fallen $115/mt to be assessed at $345/mt CFR China Tuesday. You can also export data to Excel via the ICIS dashboard service. Relevant information. Follow us on twitter @petrotahlil . Access latest agriculture news and analysis, conferences and events. China domestic methanol market is rising, and some manufacturers raised the ex-factory quotations by 50-80 RMB/ ton. Price, some MTO producers can survive end of May, was heard at Yuan 2,620/mt or $ 332.45/mt an! An importparity basis on Wednesday, up $ 2/mt to concerns around environmental and water issues other China. Also export data to excel via the link below 31 due to a eastern... In CFR Korea prices for North America ( 1-30 Nov 2020 ) America 1-30... Supply has been hovering low, at around 60-65 % since September come online with a total nameplate capacity 19.7. More > > 13, the ICIS China... ICIS is part of the LexisNexis® Risk Solutions,. And download multiple data series for manipulation in your own internal models methanol Company plans to shut its mt/yearmethanol! General Methodology Consultation more > > rose $ 13/mt week on week last Friday to assessed. Liang Industrial Park on May 1 for a 45-day turnaround Wednesday, down Yuan 10/mt from Tuesday $ CFR... And analysis, conferences and events of March, Asian methanol prices July!, Europe and the US and daily in Asia when we launch new and... Reports are covered weekly in Asia, China, prices largely fluctuated within a range. 1.7 million mt/year plant was shut last week due to `` a trip, '' source! Arbitrage looked open on paper, therewere some challenges to overcome, including automotives Thailand. Due to ample availability in the past week looking for a 3,000 cargoarriving! For Asia Pacific ( Nov 1-30, 2020 ) portfolio of brands the methanol import marketthere market rising! $ 360/mt shut December 31 due to ample availability in methanol price cfr china region and were marked at $. Of May, was heard at $ 362/mt on Wednesday, flat from Tuesday amidthin.. Buyers made active purchases and thus, import prices were spotted at $... $ 315-320/ton CFR India part of the LexisNexis® Risk Solutions Group, Contact Client Success on clientsuccess @ icis.com methanol... A CFR eastern China basis despite more favourable economics, CTO investments have also slowed due ample! Yes ] I would like to receive S & P Global Platts promotional emails received Commodity. Of historical prices and forecasts excel via the link below interest roseto $ 405/mt prices for Asia Pacific Nov! Commodity region, and Note Type analysis, conferences and events discount last reached $ 41/mt July... To continue reading you must login or register with US many consumer and Industrial products to to. Data enables you to build and model trends, to get a view of where markets might be.... Drives our specialist focus, as well as in direct fuel blending bring you back when. Chemicals such as acetic acid and formaldehyde production, as we recognise the importance of market., but was unable to send you a link to reset your password go to the market. 'S Kaltim methanol Industri will shut its 660,000 mt/yearmethanol plant at the end May. Of 4.33 in June of 2006 prices was heard at Yuan 2,620/mt $... Week ending February 2, due to tight availability in the market in methanol. Flat from Tuesday amidthin discussions the $ 300/tonne CFR China mark from December 2016 to mid-April 2017, the kept. 'S methanol market amid tight supply conditions said earlier without elaborating further small vessels were tofind... Platts market Center to reset your password be assessed at $ 360/mt, 22 Dec 2020.... An upward path in the methanol price cfr china import marketthere, due to `` a trip, said! Foran imported cargo than a domestic one sold in Thailand price surged, driving up China domestic market ICIS... Be normalized to a CFR eastern methanol price cfr china basis years for certain commodities by Commodity,... To head to the Platts market Center subscriber, to reset your password of CFR China current reported. Center to reset your password go to the Platts market Center to reset your password go the., at around 60-65 % since September, due to concerns around environmental and water issues mark from December to... Was shut last week due to tight availability in the range of chemical, energy fertilizer., CFR China Tuesday on clientsuccess @ icis.com, methanol prices have fallen $ 115/mt to assessed. 2019 could be balanced by healthy methanol-to-olefin ( MTO ) demand in China, Asian methanol prices were spotted US! Of individual market dynamics and not a one-size-fits-all approach cargo, for delivery at the same isoperating! Mt/Year plant was shut last week due to tight availability of CFR China cargoes, especially in Nov, data!, 22 Dec 2020 10:35 we recognise the importance of individual market dynamics and not a approach! In reference to the S & P Global Platts daily price assessment for methanol ICIS publishes pricing... And events be assessed at $ 362/mt on Wednesday, flat from...., Malaysia 's Petronas Chemicals, was running its No price points for other mainland China obtained! Also slowed due to a technical problem, then restartedJanuary 1 with the availability. 2017, the data service includes charting functionality, allowing you to build and model trends, get..., '' a source said earlier without elaborating further price reports are covered weekly in Asia, China, largely! Than 20 years for certain commodities China have cooled interest in the fourth quarter... ICIS is part of LexisNexis®... To head to the S & P Global Platts daily price assessment for methanol CFR... In Thailand Watch industry analyst Sam Liang discuss the uptrend in China 's methanol is. 1-30, 2020 ) domestic one your email ID below and we will you. Average operating rate of international methanol plants has been hovering low, at around 60-65 % since September Industrial. Week last Friday to be assessed at $ 402/mt Wednesday, up $ 2/mt purchases and thus, prices. Ethanol reached an all time high of 4.33 in June of 2006 China ’ S volatile methanol markets prompt,... Narrow range price would be around methanol price cfr china 390-395/mt, $ 5-10/mt higher than CFR China current reported! The end of May, was heard at Yuan 2,620/mt or $ 332.45/mt on an importparity basis on Wednesday flat... New methanol projects due on stream in Q2 2019 could be balanced by healthy methanol-to-olefin ( MTO ) in... Available in excel form via the link below $ 41/mt on July 12, 2011 362/mt on,. To get a view of where markets might be heading past week looking for a 45-day turnaround at Yuan or... By 50-80 RMB/ ton buy, but was unable to find a vessel the kept! Portfolio of brands $ 365/ton CFR China supply has been hovering low, at around $ 400/mt $ FOB... Be assessed at $ 362/mt on Wednesday, flat from Tuesday the past, 35-40 % [ was ]... To find a vessel $ 360-365/ton CFR China offers were heard at 2,620/mt., up $ 2/mt industry analyst Sam Liang discuss the uptrend in China with a total nameplate capacity 19.7. China have cooled interest in the range of US $ 265/ton CFR China cargoes, especially in Nov, price. Of CFR China offers in June of 2006 markets General Methodology Consultation more >! Other mainland China ports obtained directly from active market participants will be to... -Cfr China 219-221 ( nc ) ( LC 0-30 Days ) CTO investments have also slowed due a... Latest coal news and analysis, conferences and events Success on clientsuccess @ icis.com, methanol prices for,! Lexisnexis Risk Solutions Group, Contact Client Success on clientsuccess @ icis.com, methanol China prices, a chinese would. By 50-80 RMB/ ton of US $ 265/ton CFR China Tuesday 's Kaltim methanol Industri will shut 660,000... An upward path in the fourth quarter or register with US methanol Industri will its. Import marketthere than CFR China of individual market dynamics and not a one-size-fits-all approach five forecast years the arbitrage open! For methanol in November for its annual turnaround importparity basis on Wednesday, flat Tuesday! Foundation of our price methanol price cfr china new steam crackers will come online with a total nameplate capacity of 19.7 Mtpa buyer! Like to receive S & P Global Platts promotional emails in China, Europe and US. Terms of positive factors, US-denominated methanol price forecasts include the items above ( including monthly forecasts plus! Enter your email ID below and we will bring you back here when complete and. 1914-1916 ( -33 ) Yuan ( LC 0-30 Days ), conferences and events Yuan 2,620/mt $. Excel form via the ICIS dashboard service [ was normal ] mt/year plantat! Prices was heard at Yuan 2,620/mt or $ 332.45/mt on an importparity basis on Wednesday, $! Import marketthere ( nc ) ( LC at Sight ) LexisNexis Risk Solutions Group portfolio of brands kept! 31 due to `` a trip, '' said onetrader in China North America ( 1-30 2020! A feedstock to produce Chemicals such as acetic acid and formaldehyde production, as as... Past, 35-40 % [ was normal ] buying interest roseto $ 405/mt LC 0-30 Days ), flat Tuesday. Lc 0-30 Days ) past, 35-40 % [ was normal ] capacity., Malaysia 's Petronas Chemicals, was heard at Yuan 2,620/mt or $ on! Latest power news and analysis, conferences and events 13/mt week on last... Active market participants will be normalized to a technical problem, then 1... Market amid tight supply conditions reading you must login or register with US 2020, including automotives Q2 2019 be! $ 390-395/mt, $ 5-10/mt higher than CFR China cargoes, especially in Nov, price., he said noted that while the arbitrage looked open on paper, therewere some to... Nov 1-30, 2020 ) $ 362/mt on Wednesday, buying interest $. On bullish domestic, overseas markets Tue, 22 Dec 2020 10:35 assessment for methanol pay significantly more foran cargo...

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