Platts to launch new monthly net contract price assessment for European methanol

Platts, part of S&P Global Commodity Insights, will launch a new monthly net contract price (CP) assessment for the European methanol market, effective Nov. 3, 2025.

The new assessment will complement Platts' existing coverage of methanol spot markets and be in addition to the European industry-settled quarterly gross contract price (ECP, HPACO00). It will meet growing demand from buyers and sellers for a more frequently updated contract price amid concerns in the market about divergence between contract and spot prices for quarterly settlements, while also providing greater transparency over the net invoice prices.

The assessment will be calculated as an average of Platts' daily month-ahead FOB Rotterdam spot assessments, published during the preceding month (MEFRA01, MEFRA02). It will be databased to the first day of the month. For example, on Dec. 1, Platts would database the December contract price, averaging Platts FOB Rotterdam assessments for December loading, as published throughout November.

Details of the new assessment:

The assessment will be published in Eur/mt, along with a $/mt conversion, and will reflect T2 product conforming to the International Methanol Producers and Consumers Association (IMPCA) reference specification with a minimum purity of 99.85%, a maximum water content of 0.1% by weight and a maximum ethanol content of 50 mg/kg.

The assessment will be available in Europe and Americas Petrochemicalscan, Solventswire and on Platts Connect.

The assessment was first proposed in a note published on Sep. 23, 2025: https://www.spglobal.com/commodity-insights/en/pricing-benchmarks/our-methodology/subscriber-notes/092325-platts-proposes-new-monthly-net-contract-price-assessment-for-european-methanol

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