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Updated to Q3 2021
Supply is expected to rise gradually over Q3, once planned shutdowns have concluded. The global methanol market awaits the start up of YCI Methanol One in the US, which is expected to add to European availability in the long term. In the Netherlands, OCI’s BioMCN site is expected to run at 50% capacity for the second half of the year due to high gas costs. This lost capacity could negate some impact from increased imports.
Demand is expected to remain healthy in Q3 due to seasonally high demand from the fuels sector as well as a continued strong performance from the furniture and automotive sector. Spot demand could rise on the back of OCI’s reduced capacity. However, additional demand may be satisfied by increased imports from the US.
We offer the following regional Methanol analysis and news coverage to keep you informed of factors and developments affecting prices in the Europe 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
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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 >>
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Methanol Methodology
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.
The Europe methanol report publishes both spot and quarterly contract prices, both of which form benchmarks in the European market. We also publish daily prices via the price alert system giving a complete overview of pricing in the European market.
ICIS talks to producers, buyers, traders, distributors and brokers. The commentary is objective, concise and the pricing is up-to-the-minute and accurate.
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.
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