With China’s Methanol prices moving in different directions, it is critical for market players to be informed on the changing dynamics and market sentiments. Published and derived by our local industry experts, our on-the-ground price reporting, insights and data analytics solutions provide the following:
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Updated to Q4 2018
Domestic methanol prices saw continued gains in the fourth quarter. Limited arrivals at ports, speculative activities and news that one MTO plant may be started up in the year boosted methanol prices to high levels. 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. In northern China, prices largely fluctuated within a narrow range. China’s import methanol prices remained on an upward path in the fourth quarter. 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. Downstream buyers made active purchases and thus, import prices kept rising. By the close of trade on 9 December, import methanol prices were assessed at $315-335/tonne, up by $85-93/tonne from 30 September.
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.
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 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.
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.
ICIS publishes weekly pricing information for China’s volatile methanol markets. The report gives you access to the latest import CFR China main ports and domestic ex-tank prices for a more reflective view of the market.
The report also includes market commentaries such as hot topics and changes in government policies, as well as plant production statuses and weekly inventory levels, to help industry players understand the drivers of the price movements and changes in this market.
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. The service combines fully reconciled supply/demand, trade, capacity and ownership data to give you multiple views of the market from a global, regional or country-specific 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.
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The 8th ICIS World Polyolefins Conference is the place for you to gain a deeper understanding of regional market flows, emerging opportunities for polyolefins, European regulations, and more, over two full days of content plus an additional training course day. Our high-level speakers come from the full value chain to provide you with varied insight into hot trends in the industry.