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.
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.
Platts assesses methanol daily on an FOB US Gulf Coast (Houston – Texas City area) basis for the current month and next forward month. The assessments roll to the next forward month five calendar days prior to the end of the month.
The assessments reflect product with maximum water content of 0.1% by weight.
Additionally, S&P Global Platts publishes a weekly net contract assessment that reflects typical discounts, based on market feedback.
Platts assessments are based on market information, including, but not limited to, firm bids and offers, and trades reported to the editor up to the close of business (1.30 pm Houston time).
All the information used to inform the assessment is published transparently on S&P Global Platts platforms as "heards". An assessment rationale is published explaining what the assessments are and how they have been reached.
A daily market commentary accompanies the price assessments and rationale, which highlights the most important trends that have affected the markets that day and provides insight into what the market expects over the coming weeks.
US spot methanol prices continued to hold to previous-day values Aug. 13, with trading activity heard to be quiet on the week.
Front-month August spot methanol was assessed unchanged at 73 cents/gal FOB USG, with no new bids, offers or trades reported on Aug. 13. Second-month September spot methanol was also assessed unchanged at 72 cents/gal FOB USG, staying at a discount of 1 cent/gal to the front-month value.
Although ongoing production issues in Trinidad and Venezuela have served to boost the price of domestic spot methanol in recent weeks, prices could weaken some within the coming days if production returns to the market.
The locational price spread between Northwest Europe and the US Gulf Coast widened marginally day on day by 0.42 cent/gal at 5.45 cents/gal, indicating that exports from the Amsterdam-Rotterdam-Antwerp hub to the US are still mostly uneconomic despite lower prices in NWE.
S&P Global Platts assessed front-month (August) spot methanol unchanged at 73 cents/gal FOB USG on Aug. 13, with no new bids, trades or offers heard in the market.
Second-month (September) spot methanol was also assessed unchanged at 72 cents/gal FOB USG, staying at a 1-cent/gal discount to the front-month value.