Methanol Prices Stabilize in Asia as High Production Costs Offset Relief Rally

image-alt-text

Coal Feedstock Support

The 'cost-push' from the coal complex remains the dominant factor in methanol pricing for Q2. With energy prices expected to remain high through the summer, methanol units are maintaining high offer prices to protect margins.

Downstream MTO Demand

Demand from the Methanol-to-Olefins (MTO) sector in China remains robust as coastal plants ramp up operations. The post-holiday industrial restart is providing a steady pull on available prompt supplies.