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.
Updated to Q2 2021
Methanol supply going into Q2 is likely to be curtailed for the region as plants are offline in both Trinidad and Tobago and Venezuela. At the same time, the US is expecting an increase in supplies domestically with the recent start-up of the YCI Methanol One 1.7m tonne/year facility in St James, Louisiana. The US Methanol’s 200,000 tonne/year Liberty One unit in Charleston, West Virginia, is slated to start up in 2021.
Overall demand for US material remains weakened and despite pockets of increases in some downstream sectors, there has not been any significant change toward demand recovery. However, demand for US material could increase as plants in Trinidad and Tobago and Venezuela are separately offline. Increased export consumption is still considered a major factor for the US moving forward, but it may take more time for global markets to slowly take in more product.
We offer the following regional Methanol analysis and news coverage to keep you informed of factors and developments affecting prices in the US Methanol marketplace.
More information about the price reports we publish on Methanol
Independent price assessments and market coverage by region
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News & market analysis specifically relating to Methanol
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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.
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.
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