ICIS offers a wide range of short-to-long term information solutions for the growing ethylene glycol industry.
Use ICIS information to:
- Follow price fluctuations and drivers
- Monitor supply/demand dynamics
- Input into your own internal analytical models
- Negotiate contracts using a direct price reference
Methanol news and market information products from ICIS
We offer the following regional Methanol coverage to keep you informed of factors and developments affecting prices in the Asia Methanol marketplace.
Price Reporting – More information about the price reports we publish on Methanol
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Methanol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q3 2017
Asian methanol supply took an unexpected hit in the third quarter of 2017 due to several unscheduled shutdowns in the Middle East and southeast Asia to a lesser extent. As a result, sentiment turned from slightly bearish to extremely bullish, causing regional spot prices to shoot up to a high of $354.50/tonne CFR China on 8 September. Companies that suffered shutdown included Iran’s Zagros Petrochemical Co, Saudi Arabia’s Ar Razi, and southeast Asia’s Brunei Methanol Company and PETRONAS.
Asia methanol demand was relatively stable compared to the unexpected supply tightness experienced. Hence, changes in supply had greater influence on spot prices than demand. Most buyers remained amply supplied by term contracts and did not have to purchase from the spot market although there were affected producers who had to purchase spot materials to make up for lost production. Downstream demand in domestic China was weaker than usual due to lowered operation rates from environmental inspections.
Asia Methanol Pricing Report
ICIS publishes daily and weekly price assessments, market news and analyses for the Asian methanol market. Whether you are a buyer, trader or seller, our pricing information gives you access to time-sensitive deals, offers/bids and price movements. Historical pricing data is also available.
Our report includes all of the following:
- CFR spot prices for South Korea, Taiwan, Southeast Asia and China
- CFR WC India spot prices
- FOB China Export spot prices
- Ex-tank spot prices for East and South China
The report has a section on production news, capturing any significant production developments through the week. A discussion of supply and demand fundamentals is also included.
Global methanol supply and demand database
ICIS’ online database provides a single, highly searchable source of detailed historical data as far back as 1978 and forecast data up until 2030 for methanol around the globe. The service combines supply/demand, trade, capacity and ownership data to give you multiple views of the market from a global, regional or local perspective.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Methanol. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS has completed the methodology consultation for the methanol markets more >>
ICIS price assessments are based on information gathered from a wide cross-section of the market comprising consumers, producers, traders and distributors by more than 250 of its reporters worldwide. Confirmed deals that are verified by both buyer and seller provide the foundation of our price assessments.
Our ICIS Asia methanol pricing reports include spot assessments for the following:
- CFR (cost & freight) China
- Ex-tank domestic China (east and south China)
- FOB (free on board) China
- CFR Taiwan
- CFR Korea
- CFR Southeast Asia
- CFR West Coast India
You can rely on our reports to give you the prices and analysis of factors driving prices to facilitate your commercial transactions and business decisions.