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Methanol Forecast

Near-term methanol prices are expected to firm on stronger MTO run rates and lean coastal stocks in China.

Next 7 Days

trending_upLikely Rise

Next 30 Days

trending_upLikely Rise

Confidence

4/5

Key Drivers

  • check_circleImproving MTO operating rates
  • check_circleLower East China port inventories
  • check_circleSelective Middle East export offers

Risks

  • warningSudden Iranian export rebound
  • warningWeaker olefins margins

Updated 12 May 2024

Related Forecasts

  • Ethylene

    European ethylene looks balanced near term, with modest downside risk as cracker restarts ease supply tightness.

  • Propylene

    US Gulf propylene is projected to strengthen short term on outage-driven tightness before stabilizing into June.

  • Benzene

    Asia benzene is expected to remain range-bound this week, with a mild upward bias over 30 days on styrene recovery.

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Compare this outlook against current spot and trend series.

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