MMSA Methanol Notes – 2020-03-31

$63.17

2Q 2020 MMSA Methanol Price Forecast Updates Now Online – Prices and Margins, Crushed By COVID-19, to Recover

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Description

Global methanol markets, impacted by a global pandemic, are at or returning towards marginal costs to produce (see chart, left “Global Methanol Pricing Comparison, taken from the MMSA Methanol Market Weekly Analysis). Although the year began with a fast start, the arrival of COVID-19 first in China and now the rest of the world threatens to flatten global methanol demand, with methanol prices feeling the impact of lowered affordability into essentially every major sector of sales, in particular the large refined product substitution applications.