Whichever regional Methanol markets you work in, ICIS offers the thorough pricing information you need to operate with confidence.
Our insights into regional Methanol markets are provided by our network of reporters based locally in those markets.
Use ICIS information to:
- See what’s driving prices
- Understand fluctuations
- Feed into your own analytical models
- Confidently negotiate deals
- Underpin settlements and contracts
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 US 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 Q4 2017
Fueling much of the move toward higher prices in Q4 was the expectation that supply will tighten early this year because of Q1 turnarounds at the 1.3m tonne/year Celanese/Mitsui plant in Clear Lake, Texas and at one of the largest methanol plants in the world, the 1.9m tonne/year M5000 unit in Trinidad & Tobago. Another plant issue was an unexpected outage in southeast Asia at Malaysia's Petronas Chemicals 1.7m tonne/year No. 2 methanol plant on the island of Labuan.
US methanol spot and contract prices moved higher in the fourth quarter of 2017 as the market jumped on rising oil prices and expected plant turnarounds in early 2018. Spot barge prices jumped 15% in December, and contracts rose 7%. Then in late December, Methanex and Southern Chemical Corp. (SCC) issued their January contract postings that rose 20 cents/gal over the previous month, marking the largest January contract move in nine years and pushing contracts near the 2017 high.
The ICIS US Gulf (USG) methanol report is a weekly report that contains the monthly contract price in cents per gallon, which is then converted to dollars per tonne.
The report has the latest spot barge prices in cents per gallon and converted to dollars per tonne. The spot barge prices are broken down into the price range for the week and the latest prices we have for the end of the week.
These prices are reported to us each week by buyers and sellers. The report often contains the latest price for natural gas, which is the major feedstock, and includes plant news, including reports on plants and projects in Europe.
The ICIS report is invaluable to customers being a benchmark report that offers exclusive methanol prices, news and analysis that can not be found else.
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 launches Global Methanol Markets General Methodology Consultation more >>
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. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
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.
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. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.