The European Quarterly Contract Price (EU CP) index is used for most methanol bought and sold under contract across Europe. It is typically settled near the end of each quarter, applying to the subsequent quarter. This iterative and sometims complex process involves agreements between large European producers and consumers. Contractual discounts are applied to the index to determine net transaction price.
MMSA Methanol Notes – 2021-03-09
European Methanol Prices – Notes Ahead of 2Q EU CP Settlement