
Global methanol prices have risen since mid-August, with Asian spot up nearly $75/t to $392-398/t by October 19. US Gulf and Northwest European prices also rose as plant outages and Atlantic cargo flows tightened supply.
Methanol is a key input for formaldehyde and MTBE, and the rally signals higher costs for chemical feed inputs such as methionine. Middle East export declines could push Asian prices up another $30-50/t by year-end, though East Asian plant restarts in November may ease tightness.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.