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.