Methanol contract price set to climb in the second quarter

The availability of methanol is experiencing mounting constraints as deliveries to port warehouses or directly to converters continue to be postponed, and logistical problems dog onward transports. Most Western and Central European converters had already gradually reduced their purchases in Russia from the end of...

The negotiations for setting the European methanol contract price for the third quarter of 2022 ultimately took longer than expected. Initial preliminary talks were held at the conference of the International Methanol Producers and Consumers Association (IMPCA) of Brussels in Port, Portugal, on 9 and 10 June. Concrete...

A slight downward trend in North American and Asian methanol prices that surfaced in May 2022 has continued in June. Contract prices had initially risen again in both regions in April after a rather mixed first quarter. May then ushered in minor corrections, which were repeated to a similar extent in North America in...