Methanol prices in the United States rose modestly on Monday, tracking bullish momentum from Asia and Europe and responding to tighter supply dynamics. According to a source, buyers and sellers alike noted deals being struck at higher price levels, while supply-shortages added further upward pressure. The U.S. Gulf FOB benchmark for methanol was assessed at USD 0.96-0.965 per gallon, up by about USD 0.01 per gallon from last Friday’s levels.
The increase, though small, underscores a shift in sentiment. Prolonged strength in methanol pricing abroad is reinforcing domestic cost pressure, particularly as U.S. suppliers contend with rising feedstock input costs and logistical constraints. Buyers hesitant late last week appear to be accelerating purchases in anticipation of further rises or tighter availability.
Meanwhile, in China the CFR China methanol market saw prices assessed at USD 265-267 per metric tonne, registering a gain of USD 3/mt from Friday. Asia’s uptrend, though modest, is being underpinned by stronger demand signals in downstream sectors, as well as carry-over support from European and global pricing benchmarks.
Overall, the market picture is of cautious optimism. Though fundamentals are not broadly explosive, supply concerns and rising international benchmarks are giving producers justification to push prices up, while buyers weigh whether to lock in contracts or await potential further increases. Any larger disruptions, whether from plant turnarounds, feedstock cost spikes, or shipping delays, could amplify the trend.
