>. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. Methanol is used to manufacture many consumer and industrial products. 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. Subscribers to our Commodity Price Database have access to Methanol and as many as 217 other commodities prices across several countries from main world regions. CFR SEA was assessed at $402/mt Wednesday, up $2/mt. PRINT. New methanol projects due on stream in Q2 2019 could be balanced by healthy methanol-to-olefin (MTO) demand in China. Meanwhile, supply has been tight in Southeast Asia. See a … At this price, some MTO producers can survive. All contain unbiased and independent price news. "In the past, 35-40% [was normal]. Methanol prices in the range of US$ 365-375/ton FOB Korea and CFR Japan. A firm bid for a more prompt cargo, for delivery at the end of May, was heard at $360/mt. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., GB power system operator cancels generation margin warning, Commodity Prices and Essential Market Data, Americas Petroleum & Energy Virtual Conference. The CFR China methanol prices averaged $163.79/mt over 14 trading days in July, compared to $155.36/mt in the month of June, while CFR Southeast Asian methanol prices have averaged $207.14/mt so far in July, compared to $176.18/mt in June, S&P Global Platts data showed. The CFR China methanol price has risen 11% since the start of this month to be assessed at $382/mt Tuesday, just short of a three-year high, S&P Global Platts data showed. Access latest oil news and analysis, conferences and events. The average operating rate of international methanol plants has been hovering low, at around 60-65% since September. Please use the button below and we will bring you back here when complete. prices Domestic prices Methanol futures Inventory levels Local material availability Crude oil and global factors Key drivers for day-to-day spot prices: Methanol futures Chinese domestic prices Key drivers for long-term price trend Supply Demand 0.93 0.69 0.61 0.54-0.60 0.39 Key factors in monitoring spot CFR China prices Asian methanol prices are expected to come under heavy downward pressure in April after a ramp up in production in Southeast Asia and an influx of Iranian-origin cargoes, trading sources said Wednesday.. Commodities broker SCB Group executed the first CFR China methanol swap trade on the Singapore Exchange Tuesday since methanol futures and swap contracts … Relevant information. With oil prices supported they are viewed as operating at a profitable level, plus there is an expected start-up of a Chinese MTO plant in April. Receive daily email alerts, subscriber notes & personalize your experience. Downstream buyers made active purchases and thus, import prices kept rising. Aviation Fuel; … The price will be assessed on a cfr eastern China ports basis. Settlement prices on instruments without open interest or volume are provided for web users only and are not published on Market Data Platform (MDP). This could present some upside in CFR Korea prices for July, they added. The CFR China methanol price discount to CFR Southeast Asia has hit a21-month high of $41/mt, Platts data showed Thursday, amid plentiful suppliesin China and tightness in Southeast Asia. Another trader said bonded cargoes in China were worth considering,although the current offer the trader had received was around $380/mt, whichwas too high, and would eat into the arbitrage margin. Subscribers to our Commodity Price Database have access to Methanol and as many as 217 other commodities prices across several countries from main world regions. On Tuesday, CFR China offers were heard at $365/mt, against buying indications of $355/mt and above. overseas markets, November IPEX up 11% on soaring prices in Asia, China petrochemical markets gain in active post-holiday trade, Please find more information on the cookies used on our site here, Weekly prices – import, domestic and historical, Latest news, hot topics and market commentary, Petrochemical analytics – Live Supply Disruption Tracker, Price Drivers Analytics, Supply and Demand Outlooks, Monitor price trends in China and benchmark your contract settlements, Gain a complete view of China’s prices and trading activity, Manage portfolio expenses, conduct profit and loss (P&L) analysis, Inform your future trading strategies in and out of China. European methanol contract prices for the first quarter of 2019 have mirrored declining global values, pressured by dwindling Chinese demand from the Methanol to Olefins (MTO) sector, and the start-up of new production capacity in the US and Iran. 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. In recent years, environmental concerns has led to the use of cleaner products and methanol … Platts Commodities Bulletin is a daily regional round-up of the top, most recent news, in-depth features, information on our events, and a summary of what's new on platts.com. News Categories. The rally was driven by exceptionally tight supply from the Middle East, as well as expected demand from several methanol-to-olefin plants, according to industry sources. Then on Wednesday, buying interest roseto $405/mt. In Korea, Methanol prices were steady. The trader noted that while the arbitrage looked open on paper, therewere some challenges to overcome, including ease of sale. Register Now. The rally was driven by exceptionally tight supply from the Middle East, as well as expected demand from several methanol-to-olefin plants, according to industry sources. Access latest power news and analysis, conferences and events. Traders said that the typical industry premium for CFR Korea comparedwith CFR China was $5/mt before the sanctions came into effect and this wasbecause of differences in freight and market size. 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. CFR China was assessed at $362/mt on Wednesday, flat from Tuesday amidthin discussions. Our ICIS Asia methanol pricing reports include spot assessments for the following: CFR (cost & freight) China; Ex-tank domestic China (east and south China) FOB (free on board) China; CFR Taiwan ; CFR Korea; CFR Southeast Asia; CFR West Coast India; Find out more about our ICIS price assessments for Asia’s methanol market. Methanol Price. CFR China methanol price discount to CFR SEA nears two-year high at $41/mt, China to launch national carbon emissions trading scheme on Feb 1. The Complete Methanol Price Forecasts include the items above (including monthly forecasts) plus 5 prior years and five forecast years. Methanol plants in China have ramped up operating rates to an average60-70% so far this year, compared with about 50% in 2012, traders said, as afall in coal prices -- the more commonly used feedstock in China versusnatural gas in the US and Europe -- has led to improved profit margins. Not registered? Historically, Ethanol reached an all time high of 4.33 in June of 2006. Recent tenders for Iranian spot cargoes have concluded at 10-12% premiums to CFR China formula prices, putting prices of Iranian methanol on par with Middle East spot cargoes, which were heard discussed at around $285/mt in the week starting Nov. 23. Prices have steadily increased since end-July, gaining a cumulative 5.5% to $290/tonne CFR China in the week ended 18 August, according to ICIS data. If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. The U.S. Gulf methanol closed at 117.75-118.25 Cents/ Gallon; FOB Rotterdam methanol closed at 344.00-345.00 Euro / ton, up 2 Euro / ton. 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. -China Domestic 1914-1916(-33) yuan(LC at Sight). Over the same period, methanol prices on CFR China basis rose by $1/tonne at the upper end of the range to $287-315/tonne while prices were down by $3/tonne at the low end of the assessment, the data showed. energy prices. Lower prices in China have cooled interest in the methanol import marketthere. In South Korea, shore tank stock levels were heard to be tight as vessels saw delays at Chinese ports, before heading to South Korea, said trade sources. China Methanol Methanol Market Saudi Arabia’s Sabic buys China spot methanol to cover Al-Razi production losses Singapore (Platts)--8 Sep 2017 438 am EDT/838 GMT Sabic procured 45,000 mt of CFR China… Under current prices, a Chinese buyer would pay significantly more foran imported cargo than a domestic one. Commodities broker SCB Group executed the first CFR China methanol swap trade on the Singapore Exchange Tuesday since methanol futures and swap contracts were launched by … We expect the 2019 methanol price to drop to around US$265/ton CFR China. Recently, China domestic methanol market continued to rise, some manufacturers increased the ex-factory quotation, the price adjustment range was about 50-80 RMB/ ton. The domestic price in East China was said to be Yuan 2,780/mt or about $360/mt on an import parity basis, a trader said. CFR China was assessed at $362/mt on Wednesday, flat from Tuesday amidthin discussions. Singapore (Platts)--8 Sep 2017 438 am EDT/838 GMT Sabic procured 45,000 mt of CFR China… Web Team September 8, 2017. Access latest coal news and analysis, conferences and events. The new contracts are cash settled in reference to the S&P Global Platts daily price assessment for methanol. Global Methanol Prices Up amid Bullish Fundamentals; Weekly Summary:China’s Coastal Methanol Prices Fluctuated Upwards (Oct 30 – Nov 5) November China Methanol Market Price to … Chinese import prices were last seen above the $300/tonne CFR China mark from December 2016 to mid-April 2017, the data showed. Last Friday, CFR Korea methanol was assessed at a $7/mt premium to CFR China, while CFR Taiwan was assessed $5/mt higher. 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 1.7 million mt/year plant was shut last week due to "a trip,"a source said earlier without elaborating further. The spread between the CFR Korea and CFR China methanol prices could more than double this year because of imposition of sanctions against Iran, which is making South Korean imports more expensive, market sources said Tuesday. The third producer, Malaysia's Petronas Chemicals, was running its No. Breaking news of latest developments affecting the markets. -CFR India 202-204(+5) $/mt -CFR China 219-221(nc)(LC 0-30 Days). SGX launched world's first CFR China methanol swap/futures contracts on February 24 to better meet market demand for suitable price-discovery and risk-management tools to hedge methanol price exposures, Prajogo said. Domestic prices was heard at Yuan 2,620/mt or $332.45/mt on an importparity basis on Wednesday, down Yuan 10/mt from Tuesday. Access latest petrochemicals news and analysis, conferences and events. Methanex posts regional contract methanol prices for North America (1-30 Nov 2020). Methanex posts regional contract methanol prices for Asia Pacific (Nov 1-30, 2020). The Monthly Methanol Price Forecasts include Coal, Delivered Cost Parity, US (FOB USGC), Europe (FOB Rotterdam T2), and China (CFR) for 60 prior months and future months through December 2021. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets. Lastyear, it was high, around 50-60%.". The Holiday Schedule Alert is sent on Friday and provides information on the world's regional and national holidays impacting the publishing of our assessments, market reports and news wires over the week ahead. methanol ; related news . China CFR methanol prices for August have fallen 35% on the year and 5.6% on the month to $250/mt CFR, S&P Global Platts data showed. Methanol prices in southeast Asia were assessed stable in the week ended 22 March at $315-320/tonne on CFR (cost & freight) basis, according to ICIS data. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. Methanol is used as a feedstock for olefins and formaldehyde production, as well as in direct fuel blending. This chart compares global methanol pricing in key regional markets (United States Gulf Coast, Rotterdam, Coastal China) on a spot and contract (posting before discounts) basis. You can control cookies through your browser settings. 2methanol plant in Labuan at 80% of its production capacity after restartingmid-April. CFR China methanol prices at $254/mt are back to levels seen in January and are around 20% higher than in November last year, rebounding … In northern China, prices largely fluctuated within a narrow range. Aromatics Benzene FOB Korea Expand Graph: Select Period: Weekly CFR China Prices - 30 Dec 2020; Product Price (USD/MT) Change (USD/MT) 1 Month ago 3 Months ago 6 Months ago 12 … The plantpreviously shut December 31 due to a technical problem, then restartedJanuary 1. Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. It’s free and easy to do. It runs from October 2017 to October 2020. Lower prices in China have cooled interest in the methanol import marketthere. Intratec provides Methanol pricing data, covering 13 years of historical prices and forecasts. [Yes] I would like to receive S&P Global Platts promotional emails. Methanol price range bound in Taicang in the morning: Dec 31 2020 12:17PM : May contract for methanol futures opens 14 higher: Dec 31 2020 9:53AM : Petrochemical market morning express (Dec 31, 2020) Dec 31 2020 8:16AM : Methanol market daily (Dec 30, 2020) Dec 30 2020 5:01PM : Market Price. The CFR China methanol price rose $13/mt week on week last Friday to be assessed at $353/mt. Last Friday, CFR Korea methanol was assessed at a $7/mt premium to CFR China, while CFR Taiwan was assessed $5/mt higher. The buyer in Taiwan said he was willing to buy, but was unable to find a vessel. Access latest shipping news and analysis, conferences and events. The spread between the CFR Korea and CFR China methanol prices could more than double this year because of imposition of sanctions against Iran, which is making South Korean imports more expensive, market sources said Tuesday. On October 13, the ICIS China... ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. Domestic prices was heard at Yuan 2,620/mt or $332.45/mt on an importparity basis on Wednesday, down Yuan 10/mt from Tuesday. CFR China methanol prices at $254/mt are back to levels seen in January and are around 20% higher than in November last year, rebounding from an 11-year low of $152/mt in June, S&P Global Platts data showed. Methanol CFR China prices were hovering in the range of USD 425 - 440 PMT in January 201 ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. The Monitor for China Methanol Prcies and China Methanol Daily Prices is provided by Sunsirs, China Commodity Data Group As well as the daily CFR China methanol assessment, Platts assesses the daily CFR Southeast Asia ($/mt) spot methanol reflecting cargoes for delivery 20-40 days forward from the date of publication, with cargo size within 2,000-5,000 mt. 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 use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. 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. The CFR China methanol price discount to CFR Southeast Asia has hit a21-month high of $41/mt, Platts data showed Thursday, amid plentiful suppliesin China and tightness in Southeast Asia. Chemicals. Since the beginning of March, Asian methanol prices have fallen $115/mt to be assessed at $345/mt CFR China Tuesday. China Head Office: Europe Office: NetSun EU B.V. Tel: +86-571-87007905 Tel: +31-10-8421148 Email: [email protected] Email: [email protected] Two spot methanol fixtures were done early this week above $300/tonne CFR (cost and freight) China – one at $301/tonne CFR China and the other at $309/tonne CFR China. ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Methanol. 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. Insight and analysis of factors driving prices. A buyer was in the market in the past week looking for a 3,000 mt cargoarriving May 15-20 at around $400/mt. The buyer said a reasonable CFR Taiwan price would be around $390-395/mt, $5-10/mt higher than CFR China offers. --Edited by Meghan Gordon, [email protected]. Trade sources estimated 50,000-60,000 … 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. Aromatics - Weekly China Benzene; Toluene; Intermediate - Weekly China DOP; PA; 2-EH ... CFR PRICES OF methanol - SOUTH ASIA REGION . The CFR China methanol price has risen 11% since the start of this month to be assessed at $382/mt Tuesday, just short of a three-year high, S&P Global Platts data showed. Methanol Methodology 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. Access latest gas news and analysis, conferences and events. The discount last reached $41/mt on July 12, 2011. Methanol is used predominantly as feedstock for olefins and formaldehyde production, as well as in direct fuel blending. The buyer said offers seen were around $415-420/mt. Named the SGX Platts Methanol CFR China Swap and the SGX Platts Methanol CFR China Futures, they will both be listed with 12 consecutive contract months, starting from Feb 24, 2020. International traders are seeking more transparency and better tools for price discovery and risk management to hedge methanol prices and exposure, said William Prajogo, SGX petrochemical product manager. 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. China CFR methanol prices for August have fallen 35% on the year and 5.6% on the month to $250/mt CFR, S&P Global Platts data showed. Methanol CFR China current prices reported at USD 380 – 395 PMT. To continue reading you must login or register with us. if the 5th attempt fails, the account will be locked for 30 minutes, Please use only English characters (A-Z, a-z), You already have an account, Please log in or reset password. Methanol tank inventory in South China main ports (Dec 31, 2020) Dec 31 2020 1:47PM : Methanol tank inventory in East China main ports (Dec 31, 2020) Dec 31 2020 1:42PM : Methanol price range bound in Taicang in the morning: Dec 31 2020 12:17PM : May contract for methanol futures opens 14 higher: Dec 31 2020 9:53AM On June 12, 2018, the CFR China methanol price was at $402/mt and on June 12, 2019, at $262/mt, Platts data showed. .. The buyer said a reasonable CFR Taiwan price would be around $390-395/mt, $5-10/mt higher than CFR China offers. 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. You can also export data to Excel via the ICIS dashboard service. The discount last reached $41/mt on July 12, 2011. Methanol prices were spotted at US$ 360-365/ton CFR China. More information about the price reports we publish on Methanol Methanol is used as a feedstock to produce chemicals such as acetic acid and formaldehyde. In South Korea, shore tank stock levels were heard to be tight as vessels saw delays at Chinese ports, before heading to South Korea, said trade sources. Elf On The Shelf Movie, Biochar Vs Charcoal, Houses For Sale Isle Of Man, Toy Australian Shepherd Breeder Missouri, California Covid Tiers, Dual Front Disc Brakes Motorcycle, Gma Pinoy Tv, Labyrinth Of Refrain: Coven Of Dusk Gameplay, Hema Canada Location, Datadog Api Python, Army Qualifying Exam Sample, Fsu Pike Shirts, Can I Get A British Passport Through My Mother, " />
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methanol price cfr china

Commodities. China’s import methanol prices remained on an upward path in the fourth quarter. Please note: Price sheets are updated at the end of each month and posting time may be delayed The Power of Agility® Methanex Corporation is the world’s largest producer and supplier of methanol to major international markets in North America, Asia Pacific, Europe and South America. The buyer in Taiwan said he was willing to buy, but was unable to find a vessel. A cargo headed to Indonesia would likely go to Dumai, "but it's toofar," he said, as the extra freight would not make the trade as attractive. Methanol：CFR China Price Spread Expands. Methanol (), auch Methylalkohol (veraltet Holzgeist oder Holzalkohol), ist eine organisch-chemische Verbindung mit der Summenformel CH 4 O (Halbstrukturformel: CH 3 OH) und der einfachste Vertreter aus der Stoffgruppe der Alkohole.Unter Normalbedingungen ist Methanol eine klare, farblose, entzündliche und leicht flüchtige Flüssigkeit mit alkoholischem Geruch. Track historical price data, News & market analysis specifically relating to Methanol. Indonesia's Kaltim Methanol Industri will shut its 660,000 mt/yearmethanol plant at Bontang in November for its annual turnaround. China Chemical Market Intelligence Solution, VIDEO: China methanol hit new high on bullish domestic, 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. Despite more favourable economics, CTO investments have also slowed due to concerns around environmental and water issues. 25 August 2017 07:44 Source: ICIS News SINGAPORE (ICIS)--China’s import prices for methanol crossed the… Web Team August 25, 2017. ... real-time market data feeds. Methanol：CFR China Price Spread Expands. $/mt. We expect the 2019 methanol price to drop to around US$265/ton CFR China. Methanol prices were stable in the same week in Korea and Japan. In terms of positive factors, US-denominated methanol price surged, driving up China domestic market. Brunei Methanol Company plans to shut its 850,000 mt/year methanol plantat Sungai Liang Industrial Park on May 1 for a 45-day turnaround. The company's 660,000 mt/year No. Southeast Asia has three major methanol producers. He said it might behard to find a buyer in Singapore, and that a high-priced cargo might not beeasily sold in Thailand. Enter your Email ID below and we will send you a link to reset your password. With the tight availability of CFR China cargoes, especially in Nov, the price kept rising. The Methanol market price reports are covered weekly in Asia, China, Europe and the US and daily in Asia. Please contact the Client Services team. The new contracts are cash settled in reference to the S&P Global Platts daily price assessment for methanol. The COVID-19 pandemic hit many industries hard in 2020, including automotives. Relevant information. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. 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. And small vessels were harder tofind, he said. This pressured methanol prices to a record low $156/mt CFR China on May 26; well below the previous record low of $161.50/mt CFR China set on December 18, 2008, S&P Global Platts data showed. On June 12, 2018, the CFR China methanol price was at $402/mt and on June 12, 2019, at $262/mt, Platts data showed. Market analysts spotted Methanol prices in the range of US$ 370-375/ton FOB Korea. PRINT. New and Discontinued Price Symbol Alerts are issued when we launch new assessments and announce discontinued assessments. 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. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities. SINGAPORE (ICIS)--Watch industry analyst Sam Liang discuss the uptrend in China's methanol market amid tight supply conditions. CFR SEA was assessed at $402/mt Wednesday, up $2/mt. This could present some upside in CFR Korea prices for July, they added. Chinese imported methanol prices have steadily declined from highs of $308/mt CFR in March to $250/mt CFR for August as ongoing US-China trade tensions have resulted in languid downstream petrochemical prices. According to the monitoring data of SunSirs, as of December 15, the average price of methanol producers in Shandong was 2,210 RMB/ ton, with the price rising by 4.12% on a month on month basis and 4.25% on a year-on-year basis. 1 plant at the same location isoperating at 90% of capacity. "The operation rate hasn't increased to this level before," said onetrader in China earlier this month. Follow us on twitter @petrotahlil . ICIS launches Global Methanol Markets General Methodology Consultation more >>. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. Methanol is used to manufacture many consumer and industrial products. 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. Subscribers to our Commodity Price Database have access to Methanol and as many as 217 other commodities prices across several countries from main world regions. CFR SEA was assessed at $402/mt Wednesday, up $2/mt. PRINT. New methanol projects due on stream in Q2 2019 could be balanced by healthy methanol-to-olefin (MTO) demand in China. Meanwhile, supply has been tight in Southeast Asia. See a … At this price, some MTO producers can survive. All contain unbiased and independent price news. "In the past, 35-40% [was normal]. Methanol prices in the range of US$ 365-375/ton FOB Korea and CFR Japan. A firm bid for a more prompt cargo, for delivery at the end of May, was heard at $360/mt. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., GB power system operator cancels generation margin warning, Commodity Prices and Essential Market Data, Americas Petroleum & Energy Virtual Conference. The CFR China methanol prices averaged $163.79/mt over 14 trading days in July, compared to $155.36/mt in the month of June, while CFR Southeast Asian methanol prices have averaged $207.14/mt so far in July, compared to $176.18/mt in June, S&P Global Platts data showed. The CFR China methanol price has risen 11% since the start of this month to be assessed at $382/mt Tuesday, just short of a three-year high, S&P Global Platts data showed. Access latest oil news and analysis, conferences and events. The average operating rate of international methanol plants has been hovering low, at around 60-65% since September. Please use the button below and we will bring you back here when complete. prices Domestic prices Methanol futures Inventory levels Local material availability Crude oil and global factors Key drivers for day-to-day spot prices: Methanol futures Chinese domestic prices Key drivers for long-term price trend Supply Demand 0.93 0.69 0.61 0.54-0.60 0.39 Key factors in monitoring spot CFR China prices Asian methanol prices are expected to come under heavy downward pressure in April after a ramp up in production in Southeast Asia and an influx of Iranian-origin cargoes, trading sources said Wednesday.. Commodities broker SCB Group executed the first CFR China methanol swap trade on the Singapore Exchange Tuesday since methanol futures and swap contracts … Relevant information. With oil prices supported they are viewed as operating at a profitable level, plus there is an expected start-up of a Chinese MTO plant in April. Receive daily email alerts, subscriber notes & personalize your experience. Downstream buyers made active purchases and thus, import prices kept rising. Aviation Fuel; … The price will be assessed on a cfr eastern China ports basis. Settlement prices on instruments without open interest or volume are provided for web users only and are not published on Market Data Platform (MDP). This could present some upside in CFR Korea prices for July, they added. The CFR China methanol price discount to CFR Southeast Asia has hit a21-month high of $41/mt, Platts data showed Thursday, amid plentiful suppliesin China and tightness in Southeast Asia. Another trader said bonded cargoes in China were worth considering,although the current offer the trader had received was around $380/mt, whichwas too high, and would eat into the arbitrage margin. Subscribers to our Commodity Price Database have access to Methanol and as many as 217 other commodities prices across several countries from main world regions. On Tuesday, CFR China offers were heard at $365/mt, against buying indications of $355/mt and above. overseas markets, November IPEX up 11% on soaring prices in Asia, China petrochemical markets gain in active post-holiday trade, Please find more information on the cookies used on our site here, Weekly prices – import, domestic and historical, Latest news, hot topics and market commentary, Petrochemical analytics – Live Supply Disruption Tracker, Price Drivers Analytics, Supply and Demand Outlooks, Monitor price trends in China and benchmark your contract settlements, Gain a complete view of China’s prices and trading activity, Manage portfolio expenses, conduct profit and loss (P&L) analysis, Inform your future trading strategies in and out of China. European methanol contract prices for the first quarter of 2019 have mirrored declining global values, pressured by dwindling Chinese demand from the Methanol to Olefins (MTO) sector, and the start-up of new production capacity in the US and Iran. 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. In recent years, environmental concerns has led to the use of cleaner products and methanol … Platts Commodities Bulletin is a daily regional round-up of the top, most recent news, in-depth features, information on our events, and a summary of what's new on platts.com. News Categories. The rally was driven by exceptionally tight supply from the Middle East, as well as expected demand from several methanol-to-olefin plants, according to industry sources. Then on Wednesday, buying interest roseto $405/mt. In Korea, Methanol prices were steady. The trader noted that while the arbitrage looked open on paper, therewere some challenges to overcome, including ease of sale. Register Now. The rally was driven by exceptionally tight supply from the Middle East, as well as expected demand from several methanol-to-olefin plants, according to industry sources. Access latest power news and analysis, conferences and events. Traders said that the typical industry premium for CFR Korea comparedwith CFR China was $5/mt before the sanctions came into effect and this wasbecause of differences in freight and market size. 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. CFR China was assessed at $362/mt on Wednesday, flat from Tuesday amidthin discussions. Our ICIS Asia methanol pricing reports include spot assessments for the following: CFR (cost & freight) China; Ex-tank domestic China (east and south China) FOB (free on board) China; CFR Taiwan ; CFR Korea; CFR Southeast Asia; CFR West Coast India; Find out more about our ICIS price assessments for Asia’s methanol market. Methanol Price. CFR China methanol price discount to CFR SEA nears two-year high at $41/mt, China to launch national carbon emissions trading scheme on Feb 1. The Complete Methanol Price Forecasts include the items above (including monthly forecasts) plus 5 prior years and five forecast years. Methanol plants in China have ramped up operating rates to an average60-70% so far this year, compared with about 50% in 2012, traders said, as afall in coal prices -- the more commonly used feedstock in China versusnatural gas in the US and Europe -- has led to improved profit margins. Not registered? Historically, Ethanol reached an all time high of 4.33 in June of 2006. Recent tenders for Iranian spot cargoes have concluded at 10-12% premiums to CFR China formula prices, putting prices of Iranian methanol on par with Middle East spot cargoes, which were heard discussed at around $285/mt in the week starting Nov. 23. Prices have steadily increased since end-July, gaining a cumulative 5.5% to $290/tonne CFR China in the week ended 18 August, according to ICIS data. If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. The U.S. Gulf methanol closed at 117.75-118.25 Cents/ Gallon; FOB Rotterdam methanol closed at 344.00-345.00 Euro / ton, up 2 Euro / ton. 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. -China Domestic 1914-1916(-33) yuan(LC at Sight). Over the same period, methanol prices on CFR China basis rose by $1/tonne at the upper end of the range to $287-315/tonne while prices were down by $3/tonne at the low end of the assessment, the data showed. energy prices. Lower prices in China have cooled interest in the methanol import marketthere. In South Korea, shore tank stock levels were heard to be tight as vessels saw delays at Chinese ports, before heading to South Korea, said trade sources. China Methanol Methanol Market Saudi Arabia’s Sabic buys China spot methanol to cover Al-Razi production losses Singapore (Platts)--8 Sep 2017 438 am EDT/838 GMT Sabic procured 45,000 mt of CFR China… Under current prices, a Chinese buyer would pay significantly more foran imported cargo than a domestic one. Commodities broker SCB Group executed the first CFR China methanol swap trade on the Singapore Exchange Tuesday since methanol futures and swap contracts were launched by … We expect the 2019 methanol price to drop to around US$265/ton CFR China. Recently, China domestic methanol market continued to rise, some manufacturers increased the ex-factory quotation, the price adjustment range was about 50-80 RMB/ ton. The domestic price in East China was said to be Yuan 2,780/mt or about $360/mt on an import parity basis, a trader said. CFR China was assessed at $362/mt on Wednesday, flat from Tuesday amidthin discussions. Singapore (Platts)--8 Sep 2017 438 am EDT/838 GMT Sabic procured 45,000 mt of CFR China… Web Team September 8, 2017. Access latest coal news and analysis, conferences and events. The new contracts are cash settled in reference to the S&P Global Platts daily price assessment for methanol. Global Methanol Prices Up amid Bullish Fundamentals; Weekly Summary:China’s Coastal Methanol Prices Fluctuated Upwards (Oct 30 – Nov 5) November China Methanol Market Price to … Chinese import prices were last seen above the $300/tonne CFR China mark from December 2016 to mid-April 2017, the data showed. Last Friday, CFR Korea methanol was assessed at a $7/mt premium to CFR China, while CFR Taiwan was assessed $5/mt higher. 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 1.7 million mt/year plant was shut last week due to "a trip,"a source said earlier without elaborating further. The spread between the CFR Korea and CFR China methanol prices could more than double this year because of imposition of sanctions against Iran, which is making South Korean imports more expensive, market sources said Tuesday. The third producer, Malaysia's Petronas Chemicals, was running its No. Breaking news of latest developments affecting the markets. -CFR India 202-204(+5) $/mt -CFR China 219-221(nc)(LC 0-30 Days). SGX launched world's first CFR China methanol swap/futures contracts on February 24 to better meet market demand for suitable price-discovery and risk-management tools to hedge methanol price exposures, Prajogo said. Domestic prices was heard at Yuan 2,620/mt or $332.45/mt on an importparity basis on Wednesday, down Yuan 10/mt from Tuesday. Access latest petrochemicals news and analysis, conferences and events. Methanex posts regional contract methanol prices for North America (1-30 Nov 2020). Methanex posts regional contract methanol prices for Asia Pacific (Nov 1-30, 2020). The Monthly Methanol Price Forecasts include Coal, Delivered Cost Parity, US (FOB USGC), Europe (FOB Rotterdam T2), and China (CFR) for 60 prior months and future months through December 2021. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets. Lastyear, it was high, around 50-60%.". The Holiday Schedule Alert is sent on Friday and provides information on the world's regional and national holidays impacting the publishing of our assessments, market reports and news wires over the week ahead. methanol ; related news . China CFR methanol prices for August have fallen 35% on the year and 5.6% on the month to $250/mt CFR, S&P Global Platts data showed. Methanol prices in southeast Asia were assessed stable in the week ended 22 March at $315-320/tonne on CFR (cost & freight) basis, according to ICIS data. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. Methanol is used as a feedstock for olefins and formaldehyde production, as well as in direct fuel blending. This chart compares global methanol pricing in key regional markets (United States Gulf Coast, Rotterdam, Coastal China) on a spot and contract (posting before discounts) basis. You can control cookies through your browser settings. 2methanol plant in Labuan at 80% of its production capacity after restartingmid-April. CFR China methanol prices at $254/mt are back to levels seen in January and are around 20% higher than in November last year, rebounding … In northern China, prices largely fluctuated within a narrow range. Aromatics Benzene FOB Korea Expand Graph: Select Period: Weekly CFR China Prices - 30 Dec 2020; Product Price (USD/MT) Change (USD/MT) 1 Month ago 3 Months ago 6 Months ago 12 … The plantpreviously shut December 31 due to a technical problem, then restartedJanuary 1. Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. It’s free and easy to do. It runs from October 2017 to October 2020. Lower prices in China have cooled interest in the methanol import marketthere. Intratec provides Methanol pricing data, covering 13 years of historical prices and forecasts. [Yes] I would like to receive S&P Global Platts promotional emails. Methanol price range bound in Taicang in the morning: Dec 31 2020 12:17PM : May contract for methanol futures opens 14 higher: Dec 31 2020 9:53AM : Petrochemical market morning express (Dec 31, 2020) Dec 31 2020 8:16AM : Methanol market daily (Dec 30, 2020) Dec 30 2020 5:01PM : Market Price. The CFR China methanol price rose $13/mt week on week last Friday to be assessed at $353/mt. Last Friday, CFR Korea methanol was assessed at a $7/mt premium to CFR China, while CFR Taiwan was assessed $5/mt higher. The buyer in Taiwan said he was willing to buy, but was unable to find a vessel. Access latest shipping news and analysis, conferences and events. The spread between the CFR Korea and CFR China methanol prices could more than double this year because of imposition of sanctions against Iran, which is making South Korean imports more expensive, market sources said Tuesday. On October 13, the ICIS China... ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. Domestic prices was heard at Yuan 2,620/mt or $332.45/mt on an importparity basis on Wednesday, down Yuan 10/mt from Tuesday. CFR China methanol prices at $254/mt are back to levels seen in January and are around 20% higher than in November last year, rebounding from an 11-year low of $152/mt in June, S&P Global Platts data showed. Methanol CFR China prices were hovering in the range of USD 425 - 440 PMT in January 201 ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. The Monitor for China Methanol Prcies and China Methanol Daily Prices is provided by Sunsirs, China Commodity Data Group As well as the daily CFR China methanol assessment, Platts assesses the daily CFR Southeast Asia ($/mt) spot methanol reflecting cargoes for delivery 20-40 days forward from the date of publication, with cargo size within 2,000-5,000 mt. 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 use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. 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. The CFR China methanol price discount to CFR Southeast Asia has hit a21-month high of $41/mt, Platts data showed Thursday, amid plentiful suppliesin China and tightness in Southeast Asia. Chemicals. Since the beginning of March, Asian methanol prices have fallen $115/mt to be assessed at $345/mt CFR China Tuesday. China Head Office: Europe Office: NetSun EU B.V. Tel: +86-571-87007905 Tel: +31-10-8421148 Email: [email protected] Email: [email protected] Two spot methanol fixtures were done early this week above $300/tonne CFR (cost and freight) China – one at $301/tonne CFR China and the other at $309/tonne CFR China. ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Methanol. 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. Insight and analysis of factors driving prices. A buyer was in the market in the past week looking for a 3,000 mt cargoarriving May 15-20 at around $400/mt. The buyer said a reasonable CFR Taiwan price would be around $390-395/mt, $5-10/mt higher than CFR China offers. --Edited by Meghan Gordon, [email protected]. Trade sources estimated 50,000-60,000 … 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. Aromatics - Weekly China Benzene; Toluene; Intermediate - Weekly China DOP; PA; 2-EH ... CFR PRICES OF methanol - SOUTH ASIA REGION . The CFR China methanol price has risen 11% since the start of this month to be assessed at $382/mt Tuesday, just short of a three-year high, S&P Global Platts data showed. Methanol Methodology 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. Access latest gas news and analysis, conferences and events. The discount last reached $41/mt on July 12, 2011. Methanol is used predominantly as feedstock for olefins and formaldehyde production, as well as in direct fuel blending. The buyer said offers seen were around $415-420/mt. Named the SGX Platts Methanol CFR China Swap and the SGX Platts Methanol CFR China Futures, they will both be listed with 12 consecutive contract months, starting from Feb 24, 2020. International traders are seeking more transparency and better tools for price discovery and risk management to hedge methanol prices and exposure, said William Prajogo, SGX petrochemical product manager. 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. China CFR methanol prices for August have fallen 35% on the year and 5.6% on the month to $250/mt CFR, S&P Global Platts data showed. Methanol CFR China current prices reported at USD 380 – 395 PMT. To continue reading you must login or register with us. if the 5th attempt fails, the account will be locked for 30 minutes, Please use only English characters (A-Z, a-z), You already have an account, Please log in or reset password. Methanol tank inventory in South China main ports (Dec 31, 2020) Dec 31 2020 1:47PM : Methanol tank inventory in East China main ports (Dec 31, 2020) Dec 31 2020 1:42PM : Methanol price range bound in Taicang in the morning: Dec 31 2020 12:17PM : May contract for methanol futures opens 14 higher: Dec 31 2020 9:53AM On June 12, 2018, the CFR China methanol price was at $402/mt and on June 12, 2019, at $262/mt, Platts data showed. .. The buyer said a reasonable CFR Taiwan price would be around $390-395/mt, $5-10/mt higher than CFR China offers. 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. You can also export data to Excel via the ICIS dashboard service. The discount last reached $41/mt on July 12, 2011. Methanol prices were spotted at US$ 360-365/ton CFR China. More information about the price reports we publish on Methanol Methanol is used as a feedstock to produce chemicals such as acetic acid and formaldehyde. In South Korea, shore tank stock levels were heard to be tight as vessels saw delays at Chinese ports, before heading to South Korea, said trade sources.

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