Find the latest Methanex Corporation (MEOH) stock quote, history, news and other vital information to help you with your stock trading and investing. Global pricing has also increased since the start of the month, with Chinese spot pricing up $12 to $423/mt CFR China Thursday and European spot up Eur26.62/mt to Thursday's assessment at Eur447.91/mt FOB Rotterdam. Understand how CME Group can help you navigate new initial margin regulatory and reporting requirements. Additional details were not available. These prices are not based on market activity. Please contact the Client Services team. Singapore Exchange launched methanol futures and swap contracts to help methanol producers, traders and downstream users manage risk and improve price discovery amid rising demand.The new contracts are cash settled in reference to the S&P Global Platts daily price assessment for methanol. The SGX Platts Methanol CFR China Swap and the SGX Platts Methanol CFR China … The new contracts are cash settled in reference to the S&P Global Platts daily price assessment for methanol. Current Posted Prices. That is the firmest price for a front month since September 25, 2014, when it was 132.50 cents/gal FOB USG, according to Platts data. Access latest gas news and analysis, conferences and events. An email confirming your password has been sent. It helps you see changes to price spreads by region and/or related products with a global view of prices and market commentary every day. Your registration is complete and your account is active. Consumption by application 7.2. 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. Access latest oil news and analysis, conferences and events. Activity in the contract increased since the spot price for methanol, which forms the reference for the futures contracts, bottomed out in the second half of 2019. Methanol market keeps range bound: Jan 5 2021 10:45AM : CCFGroup: 2020 chemicals & chemical fiber price changes: Jan 5 2021 9:34AM : May contract for methanol futures opens flat: Jan 5 2021 8:39AM : Petrochemical market morning express (Jan 5, 2020) Jan 5 2021 8:15AM : Methanol … the supply of, demand for and price of methanol, methanol derivatives, natural gas, coal, oil and oil derivatives, our ability to procure natural gas feedstock on commercially acceptable terms, Methanex posts regional contract methanol prices for North America, Europe and Asia. This report covers the present market conditions and the growth prospects of the global methanol market for 2019-2027 and considered the revenue generated through the sales of methanol for derivatives to calculate the market size by considering 2018 as the base year. Disclaimer  |  Privacy Policy  |  Cookie Policy  |  Terms of Use  |  Data Terms of Use  |  Modern Slavery Act Transparency Statement  |  Report a Security Concern. MMSA provides weekly, monthly, quarterly, and annual market advisory services covering all major global methanol and derivative markets. Pricing information. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. US spot methanol pricing climbs to more-than-four-year high, Plastics Industry Association cancels in-person NPE 2021 event amid pandemic. The price of ethanol is affected by the cost of crude oil and gasoline as well as production costs, legal regulations and transportation logistics. The new contracts are cash settled in reference to the S&P Global Platts daily price assessment for methanol. Create a CMEGroup.com Account: More features, more insights. Further details were not immediately available. © 2021 CME Group Inc. All rights reserved. Intraday futures prices are delayed 10 minutes, per exchange rules, and are listed in CST. KEY COMPANIES IN THE METHANOL MARKET WORLDWIDE 7. Receive daily email alerts, subscriber notes & personalize your experience. Access real-time data, charts, analytics and news from anywhere at anytime. US spot methanol has been on an upward climb this month and on Tuesday rose to its highest level in more than four years amid global supply tightness. The Holiday Schedule Alert is sent on Friday and provides information on the world's regional and national holidays impacting the publishing of our assessments, market reports and news wires over the week ahead. The market for methanol is expected to register a CAGR of around 5% during the forecast period. Modern Slavery Act Transparency Statement. US market participants could not pinpoint the reason behind the recent run up in prices however sources opined that a unconfirmed recent production outage in Trinidad and Tobago could be exerting the upward pressure. That is the firmest price for a front month since September 25, 2014, when it was 132.50 cents/gal FOB USG, according to Platts data. Downstream markets review and forecast Get quick access to tools and premium content, or customize a portfolio and set alerts to follow the market. Register Now S&P Global Platts assessed US spot methanol at 131.75-132.25 cents/gal FOB USG for October and November. Crude oil as one of the main sources of energy is also the main source of income for members of OPEC. Enter your Email ID below and we will send you a link to reset your password. Biomethanol is more expensive. A recent techno economic study suggest a cost differential of between $1.00 to $2.50 per gallon for the biomethanol and natural gas methanol. Spot pricing has increased 6.45% week on week and 10.45% since the start of the month, Platts data showed. If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. The forecast includes quantification of key input assumptions including coal pricing, marginal production costs, and anticipated margins along with the three major … In respect of final settlement, the Floating Price will be a price in USD and cents per metric tonne based on the average of the “Index” quotations appearing in the “Argus Methanol Daily” report under the heading “Methanol prices”, subheading “Americas” for “fob Houston barge” for each business day (as specified below) in the determination period. Methanol market prices forecast up to 2020 6. 6.3 pricing analysis 6.4 regulations 6.4.1 detailed regulations analysis impacting methanol market 6.5 macroeconomic indicators 6.5.1 introduction 6.5.2 trends and forecast of gdp 6.5.3 global electronics industry and economic outlook 6.5.4 trends and forecast in the construction industry. Sources also suggested a 40,000 mt vessel headed from Venezuela to Europe carrying methanol that was reported delayed beyond next week was only further exacerbating issues. After European methanol spot prices hit €140/tonne FOB (free on board) Rotterdam in mid-May, prices have wavered between the Q2 low and high at €140-164/tonne. Manage the risk associated with renewable energies, environmental change and sustainable investments. Methanex contract reference prices have seen similar increases, and are currently at $500 per metric ton ($1.50 per gallon). Ethanol increased 0.05 USD/GAL or 3.63% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. As well as the daily CFR China methanol assessment, Platts assesses the daily CFR Southeast Asia ($/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. Settlement prices on instruments without open interest or volume are provided for web users only and are not published on Market Data Platform (MDP). Access latest coal news and analysis, conferences and events. 7.5 Middle East and Africa Methanol Historical Price Trends (2016-2020) and Forecast (2021-2026) 8 Global Methanol Trade Analysis (HS Code: 290511) 8.1 Major Importing Countries: by Value and Volume 8.2 Major Exporting Countries: by Value and Volume 9 Global Methanol Feedstock Market Outlook 9.1 Coal 9.2 Natural Gas Stream live futures and options market data directly from CME Group. Search our directory for a broker that fits your needs. Both new features (SGX Platts Methanol CFR China Swap and the SGX Platts Methanol CFR China Futures) will be listed with 12 consecutive contract months, starting from 24 February 2020. One of the major factors driving the market studied is the increasing demand for methanol-based fuel. Environmental groups and Chinese-backed sponsors of a natural gas-fueled methanol production and export project in Washington are knocking heads after a …