MMSA Methanol Notes – 2021-03-16

USD $67.01

US Methanol Apparent Demand – 2021 Starts with a Resounding Thud



MMSA estimates of US methanol apparent demand through April 2021 show the devastating impact of the Texas freeze on US methanol markets. After a very stable January and 1H February, the loss of nearly 65 percent of all US methanol consumption, and over 90 percent of US methanol production over a 2 to 3 week period translates to a double-digit YOY (annualized) shrinkage in US apparent methanol demand.