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

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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.