BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Petrochemicals

European methanol Q4 contract price expected to roll over: sources

Crude Oil |

How are Asian crude flows responding to US-China trade war, Iran sanctions?

Platts Mexico Energy Monthly

Oil | Crude Oil | Oil Risk | Petrochemicals | Aromatics | Olefins | Petrochemicals Risk | Polymers | Solvents & Intermediates |

Middle East Executive Petroleum Conference (MEEPEC)

Petrochemicals |

Russian benzene, toluene and xylene export duties to rise 5.3% in October

European methanol Q4 contract price expected to roll over: sources

London — The European methanol fourth-quarter contract price will most likely remain unchanged despite falling spot prices, market participants say.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

"I don't think [the contract price] will decrease even if the spot price drops another Eur5/mt by the end of the week," a source said.

The European spot price has fallen Eur11.50 over the past week to Eur260/mt ($306.50/mt) FOB Rotterdam Monday.

"I think a rollover is justified," a consumer source said.



Market sources generally dismissed the idea of a lower CP but did not discard the idea of a modest increase.

"Rollover would make most sense but a Eur5/mt rise is also possible," the first source said.

The contract price was expected to increase a few weeks ago because of higher Asian markets which hit a six-month high of $360/mt.

However, since then, the market has fallen and was last assessed at $335/mt CFR China Monday.

Canada's Methanex increased its European Q4 CP by Eur10 to Eur330/mt at the beginning of last week.

--Michael Samueli, michael.samueli@spglobal.com
--Edited by Jonathan Dart, jonathan.dart@spglobal.com