ICIS offers a wide range of short-to-long term information solutions for the growing ethylene glycol industry.
Updated to Q1 2020
There are supply uncertainties in the new year. Petronas’ Plant 2 remained shut over the holidays and players were unsure if the plant can restart in early February. A new Iranian plant was heard to have started commercial operations successfully by end 2019 and had shipped volumes to India, but this could not be confirmed with any Indian buyer. China’s imports are expected to remain low before the Lunar New Year holidays, but pick up after.
Demand in China, Taiwan and southeast Asia is expected to slow down due to Lunar New Year celebrations, but bounce back after. Other northeast Asia countries should see steady demand. Presently, there is uncertainty in India over whether the government will delay the implementation of Bureau of India Standard (BIS) requirement from early February. In the short term, the BIS requirement could restrict most methanol imports for a market that is almost exclusively dependent on methanol imports.
We offer the following regional Methanol analysis and news coverage to keep you informed of factors and developments affecting prices in the Asia Methanol marketplace.
More information about the price reports we publish on Methanol
Independent price assessments and market coverage by region
More information about the historical price data we publish on Methanol
Track historical price data
News & market analysis specifically relating to Methanol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
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 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:
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.
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:
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.
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.
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.
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