Intratec provides Methanol pricing data, covering 13 years of historical prices and forecasts. Relevant information. Methanol. This could present some upside in CFR Korea prices for July, they added. Access latest gas news and analysis, conferences and events. New and Discontinued Price Symbol Alerts are issued when we launch new assessments and announce discontinued assessments. This week, Methanol prices inched lower in China.CFR China prices were assessed at the USD 153/mt le... Polymerupdate News - Methanol prices inch lower in China +(91-22) 61772000 (25 Lines) Ample supply to China for July and August, compounded by tight storage space and tepid downstream demand will continue to be seen in the Chinese methanol market, market sources said June 12. Commodities broker SCB Group executed the first CFR China methanol swap trade on the Singapore Exchange Tuesday since methanol futures and swap contracts … The MMSA data is also available in excel form via the link below. See a … ... real-time market data feeds. Price fluctuation period shortened from 3-4 weeks to 2-3 weeks, affected by product properties and transactions. The CFR Southeast Asia methanol marker was assessed unchanged on the day at $173/mt CFR, amid thin discussions. [Yes] I would like to receive S&P Global Platts promotional emails. The source said freight for a 5,000 mt cargo from China to Singaporewould be around $25/mt, while freight for the same cargo from China to thePhilippines would be $30/mt. Subscribers to our Commodity Price Database have access to Methanol and as many as 217 other commodities prices across several countries from main world regions. Even though there was a slight improvement in discharge rates from the tanks as higher tank storage fees incentivized traders to move cargoes out from tanks faster, it was not enough to mitigate supply length in the market. Eni bolsters oil price defences after ‘year of war’ Jan 04 2021 Saudi Arabia warns oil producers over fragile market Jan 04 2021; Iran ramps up uranium enrichment and seizes tanker Jan 04 2021; Iraq boosts coffers by $2bn in Chinese prepaid oil deal Jan 03 2021; Default warning as US energy sector’s financial woes persist Jan 03 2021; Oil/renewables: power play Jan 01 2021 Last Friday, CFR Korea methanol was assessed at a $7/mt premium to CFR China, while CFR Taiwan was assessed $5/mt higher. Please use the button below and we will bring you back here when complete. The CFR China methanol price has risen 11% since the start of this month to be assessed at $382/mt Tuesday, just short of a three-year high, S&P Global Platts data showed. The top supplying country or region is China, which supply 100% of methanol price respectively. As such, buyers in Taiwan have reduced their contractual term volumes as much as they can, they added. The company's 660,000 mt/year No. CZCE Methanol Prices The All Futures page lists all open contracts for the commodity you've selected. South Korea imported 152,652 mt of methanol in April, 8.3% less compared to March, South Korean customs data showed. Subscribers to our Commodity Price Database have access to Methanol and as many as 217 other commodities prices across several countries from main world regions. Asian ethylene sector braces for new supply. With the onset of COVID-19, the demand of methanol has decreased that has caused Methanol CFR China price to hover between USD XX/MT to USD XX/MT. Historically, Ethanol reached an all time high of 4.33 in June of 2006. Based on the market condition, Methanol prices were assessed at US$ 370-375/ton CFR … CZCE Methanol Prices The All Futures page lists all open contracts for the commodity you've selected. All Right Reserved, Iranian Petrotahlil Company (Limited liability). On June 12, 2018, the CFR China methanol price was at $402/mt and on June 12, 2019, at $262/mt, Platts data showed. Intraday futures prices are delayed 10 minutes, per exchange rules, and are listed in CST. "Quite a good deal, but I don't think anyone will have" a cargo, said atrader, who added that he heard of two market players each bringing 5,000 mtof methanol from China to Southeast Asia. Methanex's (MEOH) Unit Adds Eight Methanol Dual-Fuel Vessels. PETROTAHLIL Receive daily email alerts, subscriber notes & personalize your experience. But European spot prices should remain stable in … Chinese yuan (CNY)/metric ton. Last Friday, CFR Korea methanol was assessed at a $7/mt premium to CFR China, while CFR Taiwan was assessed $5/mt higher. The Methanol Report December 13, 2015 Price Assessments In This Issue December spot barges traded as low as 63.50 cts/gal FOB Houston late last week Regional truck offers slip 2 cts/gal on average earlier this month Large volume spot prices in Europe drop below Euro 224/mt FOB Rotterdam Spot prices CFR China 1 plant at the same location isoperating at 90% of capacity. Brunei Methanol Company plans to shut its 850,000 mt/year methanol plantat Sungai Liang Industrial Park on May 1 for a 45-day turnaround. if the 5th attempt fails, the account will be locked for 30 minutes, Please use only English characters (A-Z, a-z), You already have an account, Please log in or reset password. What Makes CFR Products Different? Ineos completes buyout of BP petrochemical businesses. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., US oil, gas rig count slips by 1 to 406; Permian posts 6-rig loss, Commodity Prices and Essential Market Data, S&P Global Platts Americas Dated Brent and WTI Workshop, Americas Petroleum & Energy Virtual Conference. Under Chemicals category, Hexene prices were traded low by Rs.1 to Rs.56 per Kg on Oct 1st left the remaining week unchanged while MTO traded at … The Holiday Schedule Alert is sent on Friday and provides information on the world's regional and national holidays impacting the publishing of our assessments, market reports and news wires over the week ahead. A cargo headed to Indonesia would likely go to Dumai, "but it's toofar," he said, as the extra freight would not make the trade as attractive. The trader noted that while the arbitrage looked open on paper, therewere some challenges to overcome, including ease of sale. Domestic China Prices of MethanolMethanolPrices are in Yuan/MTTrendsEast China2480 - 2580CFR, China-... Polymerupdate News - Domestic Prices of Methanol China as of 6th January 2021 +(91-22) 61772000 (25 Lines) COKING COAL DAILY: Chinese buyers keep cfr China, fob Australia segments active ahead of holiday Chinese end users generated some buying activity in the seaborne coking coal market on Thursday September 12 ahead of a public holiday in China to mark the Mid-Autumn Festival. Settlement prices on instruments without open interest or volume are provided for web users only and are not published on Market Data Platform (MDP). CFR China was assessed at $362/mt on Wednesday, flat from Tuesday amidthin discussions. A discussion of supply and demand fundamentals is also included. CFR SEA was assessed at $402/mt Wednesday, up $2/mt. Then on Wednesday, buying interest roseto $405/mt. Potassium Chloride (Muriate of Potash) Spot Price is at a current level of 202.50, unchanged from 202.50 last month and down from 265.50 one year ago. CFR China methanol prices at $254/mt are back to levels seen in January and are around 20% higher than in November last year, rebounding from … Le retour accéléré de l'Iran sur le marché mondial du pétrole. In India, prices showed similar trend as China and were marked at US$ 305/ton CFR India. There are 2,122 methanol price suppliers, mainly located in Asia. "In the past, 35-40% [was normal]. Another option would be to head to the Philippines, but draftrestrictions there require smaller vessels. Methanex posts regional contract methanol prices for Asia Pacific (1-30 June 2020). Meanwhile, South Korean domestic methanol prices remained supported by stable MTBE, formaldehyde and biodiesel demand, trade sources said. Traders said that the typical industry premium for CFR Korea comparedwith CFR China was $5/mt before the sanctions came into effect and this wasbecause of differences in freight and market size. U.S. Gulf Coast prices fell 4 cents methanol / gallon to 93-97 cents / gallon (310-323 U.S. dollars / ton). Southeast Asia has three major methanol producers. CFR China was assessed at $362/mt on Wednesday, flat from Tuesday amidthin discussions. Asian Methanol: CFR China slips $1/mt on weak fundamentals. 10 metric tons/lot. Platts Asian Methanol Daily Rationale & Exclusions Asian methanol was assessed down $1/mt day on day at $152/mt CFR. GAIL India to invest Rs 8,800 crore in Maharashtra for Polypropylene complex. Discussions for Taiwan were thin this week. The SGX Platts Methanol CFR China Swap and the SGX Platts Methanol CFR China Futures will both be listed with 12 consecutive contract months, starting from 24 February 2020. Under Chemicals category, Hexene prices were traded low by Rs.1 to Rs.56 per Kg on Oct 1st left the remaining week unchanged while MTO traded at … Price Quotation. Published on January 06, 2021 09:30 AM The proposal is in line with China’s evolving steel market, where billet imports are expected to be a trend as a result of the country’s drive toward cutting blast furnace […] It runs from November 2017 to November 2020. China Methanol Methanol Market Saudi Arabia’s Sabic buys China spot methanol to cover Al-Razi production losses Singapore (Platts)--8 Sep 2017 438 am EDT/838 GMT Sabic procured 45,000 mt of CFR China… The rally was driven by exceptionally tight supply from the Middle East, as well as expected demand from several methanol-to-olefin plants, according to industry sources. Global Methanol Prices Up amid Bullish Fundamentals; Weekly Summary:China’s Coastal Methanol Prices Fluctuated Upwards (Oct 30 – Nov 5) November China Methanol Market Price to … Another trader said bonded cargoes in China were worth considering,although the current offer the trader had received was around $380/mt, whichwas too high, and would eat into the arbitrage margin. Commodity markets in 2020: a year in 9 infographics. Analytical Petrochemical News Feed In January, Iran delivered 165,544 mt methanol to China, up 1.6% onmonth, while it exported only 18,379 mt to South Korea, down 30.2% fromDecember. Big events on China methanol industry in 2020: ... Methanol market remains strong, but price rise may slow down: Other reports MORE>> Methanol market daily (Jan 5, 2021) 05 Jan: Methanol market daily (Jan 4, 2021) 04 Jan: Methanol market weekly (Dec 28-31, 2020) Methanol market daily (Dec 30, 2020) Methanol market daily (Dec 29, 2020) To identify major news, deals and expansion plans in Global Methanol market. For price, it went range-bound at low levels in Q1 and took a Mshape trend in Q2. Fastmarkets’ weekly assessment will exclude prices for Iran-origin billet due to such cargoes carrying steep discounts in comparison with blast furnace-based billet supplied by other countries such as Vietnam, India and Russia. My instinct is that, at least for modest volumes, methanol prices are likely to follow gasoline and diesel prices, failing to insulate the U.S. economy from oil price volatility. Romanian Transgaz changes terms of gas interconnection agreement with Ukraine. PRINT. In South Korea, shore tank stock levels were heard to be tight as vessels saw delays at Chinese ports, before heading to South Korea, said trade sources. Whereas, in Europe and North America, the blending of fuel is limited up to a few percentages in gasoline. Price points for other mainland China ports obtained directly from active market participants will be normalized to a cfr eastern China basis. All you need to know about CIF/CFR shipping terms, their meaning and using them to import products to the UK. Methanol prices went up slightly in S.E. Access latest petrochemicals news and analysis, conferences and events. Methanol：CFR China Price Spread Expands. An email confirming your password has been sent. And small vessels were harder tofind, he said. Methanex posts regional contract methanol prices for North America (1-30 June 2020). Manufactured without formaldehyde, ammonia, or methanol – these products are safe to handle, low-odour, effective in multi-phase systems, and produce no hazardous byproducts. China Chemical Fiber Economic Information Network (CCFEI)----Your First Window on China Chemical Fiber Market. Petchem demand to drive China’s LPG imports. The MMSA data is also available in excel form via the link below. Relevant information. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. It’s in everyday products Meanwhile, supply has been tight in Southeast Asia. Minimum Price Fluctuation. So if contemplating CFR Freight or CIF Shipping, then see our handy guide on these services and what to consider about in terms of CIF/CFR price. Global economic slowdown impacted Methanol prices. The CFR China methanol price discount to CFR Southeast Asia has hit a21-month high of $41/mt, Platts data showed Thursday, amid plentiful suppliesin China and tightness in Southeast Asia. Chinese import prices were last seen above the $300/tonne CFR China mark from December 2016 to mid-April 2017, the data showed. Intratec provides Methanol pricing data, covering 13 years of historical prices and forecasts. The CFR Korea methanol marker was assessed stable on the week at $182/mt on June 12, amid thin trading. It’s free and easy to do. Global Methanol Prices Up amid Bullish Fundamentals; Weekly Summary:China’s Coastal Methanol Prices Fluctuated Upwards (Oct 30 – Nov 5) November China Methanol Market Price to … Gordon, meghan_gordon @ platts.com. `` Adds Eight methanol Dual-Fuel vessels Gordon... Willing to buy, but draftrestrictions there require smaller vessels density of methanol in April, %... At Bontang in November for its annual turnaround methanol is used predominantly as for... 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