What is Asian Methanol price assessment?
As well as the daily CFR China methanol assessment, Platts assesses the daily CFR Southeast Asia ($/mt) spot methanol reflecting cargoes for delivery 20-40 days forward from the date of publication, with cargo size within 2,000-5,000 mt. Quality specifications are minimum purity of 99.85%; maximum water content of 0.1% by total weight; maximum ethanol content of 50 parts per million (ppm).
Price assessments are complemented by a daily commentary and rationale, which explain how the price assessment is reached and delves into the market fundamentals observed through the day.