Russia, a large factor in global methanol markets, has also been impacted by the global pandemic. Russian access to ample and low USD cost natural gas allows it to export roughly half of its total methanol production, primarily to EU member states.

MMSA Methanol Notes – 2020-08-04

USD $67.01

Russian Apparent Methanol Demand – Slowed by COVID-19, Exports Rose 1H 2020