Available on-demand
Methanol prices in major markets diverged in 2024. Atlantic basin prices continue to strengthen due to ongoing planned and unplanned outages, leading to higher contract and spot prices. Strong imports into Asia (China) drive softer spot prices and forces domestic China methanol production to curtail. This causes an unusually large price differential between methanol’s key producing regions.
New methanol units continue to add to industry supply, but often these incremental supplies can be partially offset by planned/unplanned outages, units idling, and possible winter output curtailments, i.e. in the Middle East as natural gas resources are diverted to other demand sectors.
Methanol markets now seeing their highest year-over-year demand growth since pre-Covid, particularly from China, largely due to continued expansions in the downstream sectors of MTO, acetic acid and MTBE.
In this webinar, Argus’s methanol experts will deliver insights into:
VP, Methanol and Derivatives
Dave is responsible for steering Argus’ methanol and derivatives services. He has 25 years of experience in the petrochemicals sector plus another 24 years of consulting experience, with previous roles in field sales, distribution planning, hydrocarbon purchasing, and manufacturing and operations planning, prior to his consulting career. Dave is responsible for the development and publication of the Argus Methanol Outlook – a monthly publication of forecasted prices in key regions, and the Argus Methanol Analytics – an extensive study of global methanol supply, demand, trade flows and expected capacity additions.
Head of European Methanol
Victoria joined Argus in 2020 and is Head of European methanol and MTBE/ETBE markets. She contributes to benchmark spot price assessments, as well as supply and demand analytics for the Argus Methanol and Argus Fuels and Octanes services. Victoria has over ten years’ experience covering the methanol and fuel octanes markets with pricing and consulting firms. She holds MA and MPhil degrees from Trinity College, University of Cambridge.
Lead Methanol Consultant, Asia
Becky Zhang has been with Argus for 10 years and is currently Asia Methanol Lead Consultant. She has more than 15 years’ experience in real-time market editorial, mainly in the olefins and methanol markets, and is familiar with volatile chemical market dynamics with broad industry networks across Asia. Becky is a regular presenter at olefins and methanol conferences and forums. She is a chemical engineering graduate from East China University of Science and Technology, and holds two masters’ degrees in Environmental and Energy Engineering from the University of Sheffield and Entrepreneurship from the University of Nottingham.
Key spot prices and analysis for the methanol market on a daily basis.
Key contracts, spot benchmarks, plus news and analysis for the methanol market on a weekly basis.
24-month rolling price forecast and forward-looking analysis of global methanol markets.
10-year forecast and five-year history covering supply and demand fundamentals, capacities and detailed expert insight for the methanol markets.
