MMSA Methanol Notes – 2020-02-04

$63.17

US Methanol Prices vs Lumber – Methanol Ratios Low with Lumber Markets Uncertain

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Description

The rate of February US methanol price rises has outpaced that of recent US lumber pricing rises, yet the current methanol:lumber price ratio remains below average levels for the past 3 years. As such, methanol’s affordability into construction products remains high in the US. Yet, outlooks for lumber and methanol markets have been clouded by the Chinese coronavirus (methanol and lumber) and global fires (lumber).

US Methanol Prices vs Lumber – Methanol Ratios Low with Lumber Markets Uncertain