MMSA Methanol Notes – 2020-07-14
USD $67.01
3Q 2020 MMSA Methanol Price and Margin Updates Now Online – Signs of Expected Recovery Emerge Slowly in Asia
Description
Global methanol markets have reacted to the global pandemic after prices (see chart, left “Global Methanol Pricing Comparison, taken from the MMSA Methanol Market Weekly Analysis – MMWA) fell below marginal costs to produce. As cash margins became negative for many producers, global operating rates plummeted in the past three months, restoring some order to methanol balances globally.
