Procurement Resource

Spot methanol prices have shown considerable fluctuations due to shifts in supply-demand dynamics, feedstock costs, and energy prices. The Methanol (Spot) Price Trend is closely monitored by producers, traders, and downstream manufacturers to align their purchasing strategies with ongoing market changes. The methanol market is largely influenced by the needs of major sectors like chemicals, energy, and plastics, making it a key raw material for industries such as formaldehyde production, acetic acid synthesis, and as a fuel additive. Recent Developments Impacting Short-Term Prices The short-term price trend for methanol has been influenced by: Fluctuations in crude oil prices, as methanol is derived from natural gas and coal, and these commodities directly affect its production cost. Increased demand from the chemical industry, especially in formaldehyde and acetic acid production, which are highly sensitive to market conditions in construction and automotive sectors. Supply chain dis...