27/03/2024
Argaam Exclusive
Methanex Corp., the world’s largest producer and supplier of methanol, kept its Asian contract price (ACP) for April unchanged at $400 per ton, compared to the month before.
Asia Futures Contract Prices for Methanol
Month
Value (DollarTon)
Change
2024 January
380.00
0.00
2024 February
390.00
10.00
2024 March
400.00
10.00
The monthly prices set by Methanex are a benchmark for other producers and spot markets. The company gives a 15% discount on average to buyers.
The spot price in China, the world’s biggest importer of methanol, reached $295 per ton, according to the latest data compiled by Argaam.
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