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Methanol Global Market Outlook | Argus Media
<!DOCTYPE html> <html> <head> <meta charset="UTF-8"> <meta name="viewport" content="width=device-width, initial-scale=1.0"><meta name="robots" content="index, nofollow"> <title>Methanol Global Market Outlook | Argus Media</title> <!-- Google Tag Manager --> <script>(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-K9CTQX');</script> <!-- End Google Tag Manager --> <link rel="icon" href="https://view.argusmedia.com/rs/584-BUW-606/images/1530185061494_favicon.png" type="image/x-icon"> <link href="https://cdn.jsdelivr.net/npm/bootstrap@5.3.2/dist/css/bootstrap.min.css" rel="stylesheet"> <!-- <link rel="stylesheet" href="https://view.argusmedia.com/rs/584-BUW-606/images/rebrand-stylesv2.css?version=10"> --> <!-- <link rel="stylesheet" href="https://view.argusmedia.com/rs/584-BUW-606/images/rebrand-stylesv3.css?version=20" /> --> <!-- New CSS File added 02/09/2024 --> <!-- <link rel="stylesheet" href="./rebrand-styles-v20.css"> --> <link rel="stylesheet" href="https://view.argusmedia.com/rs/584-BUW-606/images/rebrand-styles-v20.css?version=0"> <link rel="shortcut icon" href="/favicon.ico" type="image/x-icon" > <link rel="icon" href="/favicon.ico" type="image/x-icon" > <style>.mktoGen.mktoImg {display:inline-block; line-height:0;}</style> </head> <body data-momentum-id="f424719b" id="bodyId"> <!-- Google Tag Manager (noscript) --> <noscript data-momentum-id="60935db4"><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-K9CTQX" height="0" width="0" style="display:none;visibility:hidden" data-momentum-id="b21be9c0"></iframe></noscript> <!-- End Google Tag Manager (noscript) --> <div is-module-container="Header Container" module-types="header" data-momentum-id="ff27b93b"> <!-- Module 1: Full Width Solid Bar --> <div class="p-sm-0 gradient-bg" is-module="01-Full-Width-Solid-Bar" module-type="header" is-repeatable data-momentum-id="c1ba246f"> <div class="row container" data-momentum-id="d15f8c21"> <div height="16" data-momentum-id="ac734fe6"> </div> </div> </div> <!-- Module 2: Logo --> <div class="logo" is-module="02-Argus-Logo" module-type="header" data-momentum-id="2712ca7b"> <div class="row justify-content-center container mx-auto" data-momentum-id="73e03178"> <div class="col-md-10 col-sm-12" data-momentum-id="5d6bb067"> <div class="row" data-momentum-id="37a8d57f"> <a is-linkable="02-Argus-Logo:Link" href="https://www.argusmedia.com/en" target="_blank" data-momentum-id="449218b4"> <img is-image="02-Argus-Logo:Image" src="https://view.argusmedia.com/rs/584-BUW-606/images/argus_final_logo.png" alt="" class="img-fluid" data-momentum-id="0f6bad08"> </a> </div> </div> </div> </div> <!-- /Logo --> </div> <div is-module-container="Body Container" class="p-0" module-types="body" data-momentum-id="e0378a92"><div class="dark-bg" is-module="03-Two-Column-With-Form-Dark" module-type="body" style="background-color: #1b233d" is-colorable is-repeatable data-momentum-id="d57e352a"> <div class="row justify-content-center container mx-auto" data-momentum-id="779acfcf"> <div class="col-md-10 col-sm-12" data-momentum-id="83d7e0f3"> <div class="row" data-momentum-id="a697105f"> <div class="col-lg-6 col-sm-12 mx-auto" style="margin-bottom: 10px" data-momentum-id="ac51ab2d"> <h2 class="blue-line" is-text="03-Heading" is-colorable-text is-deletable style="color: #ffffff" data-momentum-id="cfe6e951">Webinar: Methanol Global Market Outlook</h2> <div is-editable="03-Form Text" is-repeatable is-deletable class="py-2" data-momentum-id="cf067d23"><p data-momentum-id="deae1e8a"> </p> <p data-momentum-id="deae1e8a"><span style="color: #33beee;" data-momentum-id="33a07a36"><strong data-momentum-id="67ff33e1">Available on-demand</strong></span></p> <p data-momentum-id="deae1e8a"> </p> <p data-momentum-id="4ee6001e">Methanol prices in major markets diverged in 2024. Atlantic basin prices continue to strengthen due to ongoing planned and unplanned outages, leading to higher contract and spot prices. Strong imports into Asia (China) drive softer spot prices and forces domestic China methanol production to curtail. This causes an unusually large price differential between methanol’s key producing regions.</p> <p data-momentum-id="4ee6001e"> </p> <p data-momentum-id="4ee6001e">New methanol units continue to add to industry supply, but often these incremental supplies can be partially offset by planned/unplanned outages, units idling, and possible winter output curtailments, i.e. in the Middle East as natural gas resources are diverted to other demand sectors. </p> <p data-momentum-id="4ee6001e"> </p> <p data-momentum-id="4ee6001e">Methanol markets now seeing their highest year-over-year demand growth since pre-Covid, particularly from China, largely due to continued expansions in the downstream sectors of MTO, acetic acid and MTBE.</p> <p data-momentum-id="4ee6001e"> <br data-momentum-id="1f91e8ae">In this webinar, Argus’s methanol experts will deliver insights into: </p> <ul data-momentum-id="be45ac55"> <li data-momentum-id="9e84e014">Methanol global demand vs capacity growth – how will recent decisions to shutdown/idle capacities affect the global market?</li> <li data-momentum-id="0e41359a">Methanol global demand by major derivative/region – what to expect in derivative growth in China and other key regions, as well as the impact of marine fuels on methanol demand.</li> <li data-momentum-id="75246c4b">Methanol pricing outlook – does the regional price spread between regions continue? What to watch as many markets approach the winter months and a another season of maintenance/turnarounds.</li> <li data-momentum-id="101f4bdd">European methanol’s new routes and rationalisation.</li> <li data-momentum-id="64762c9a">Asia’s demand growth potential - including MTO, acetic acid, MTBE and fuels.</li> <li data-momentum-id="3ed7cff2">The launch and methodology of Argus’ Asia green methanol price assessment.<br data-momentum-id="987e00d1"> </li> </ul> <p data-momentum-id="4f7029f4"><strong data-momentum-id="f9e0354d"><span style="color: #33beee;" data-momentum-id="7ed9d5c9"><a style="color: #33beee; font-size: 16PX;" href="#speakers" data-momentum-id="4f7fee2e">Speakers >></a><br data-momentum-id="18f34ef6"><br data-momentum-id="45e17067"><a style="color: #33beee;font-weight: bold;font-size: 16px;" href="#methanol" data-momentum-id="5c98b564">Argus' methanol services >></a><br data-momentum-id="78aa69e2"></span></strong></p></div> </div> <div class="col-lg-6 col-sm-12 mx-auto form-layout" data-momentum-id="925ba588"> <div class="form-container" style="background-color: #ffffff" is-colorable="03-Form Containter Background" data-momentum-id="8373fa32"> <h3 is-text="03-Form Heading" is-colorable-text is-deletable style="color: rgb(51, 190, 238);" data-momentum-id="189f8cd8">Watch now<br data-momentum-id="a6049ed6"><br data-momentum-id="c6f8ae61"></h3> <div data-momentum-id="92c01e09"> <div is-form="Dark Background Form Block" data-momentum-id="f03a348a" data-mkform="{"id":32985,"name":"03-MC10-webinar registration"}" id="1iykkkg9cybg" class="mktoForm"><div id='lpeCDiv_5233404' class='lpeCElement GLO-EVW-2024-10-CHE-Methanol_Global_Market_Outlook_General_10-23-202402-MC10-Registration'><span class='lpContentsItem formSpan'> <script src="/js/forms2/js/forms2.min.js"></script> <form class="mktoForm" id="mktoForm_35901"> </form> <script> (function (){ var formDescriptor = {"Id":35901,"Vid":35901,"Status":"approved","Name":"GLO-EVW-2024-10-CHE-Methanol Global 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/Two column form with image background --> <!-- Module 29: Full Width Video Module --> <!-- Full Width Video Module --> <!-- Half width Video Left Module and text--> <!-- Half width Video Right Module and text--> <!-- Module 30: wo Column With Image, Text and CTA --> <!-- Module 30: wo Column With Image, Text and CTA --> <div class="light-bg" is-module="25-Full width stack chart left text right" module-type="body" module-rules="hidden" style="background-color: #f5f5f5" is-colorable is-repeatable data-momentum-id="ccc978ca"> <div class="row container mx-auto" data-momentum-id="9276a59b"> <div class="col-md-10 col-sm-12 mx-auto" data-momentum-id="6f70fb13"> <h2 class="blue-line" is-text="25-Heading" is-colorable-text is-deletable data-momentum-id="991ce7ce" id="speakers">Speakers</h2> </div> </div> <div class="row container mx-auto graph-section" is-repeatable is-deletable="25-Graph-Section-1" is-colorable style="background-color: #ffffff" data-momentum-id="baea3460"> <div class="col-md-2 offset-md-1 col-sm-12" data-momentum-id="45fa5a1a"> <img is-image="25-Graph-Section-1:Image" is-linkable src="https://view.argusmedia.com/rs/argusmedialtd/images/CHE_Headshot-McCaskill+Dave.jpg" alt="CHE_Headshot-McCaskill Dave.jpg" class="img-fluid" data-momentum-id="a2bae75a" style=" border-radius: 50%; "> <p class="offset-md-1 small" is-text="25-Image caption-1" is-colorable-text data-momentum-id="afcceefc"></p> </div> <div class="col-md-8 col-sm-12" data-momentum-id="420c0645"> <h4 is-text="25-Graph-Section-1:Subheading" is-colorable-text is-deletable data-momentum-id="abef1499">Dave McCaskill</h4> <div is-editable="25-Text-1" is-repeatable is-deletable data-momentum-id="5f42bd76"><p data-momentum-id="68998084"><strong data-momentum-id="172ac175">VP, Methanol and Derivatives </strong></p> <p data-momentum-id="68998084">Dave is responsible for steering Argus’ methanol and derivatives services. He has 25 years of experience in the petrochemicals sector plus another 24 years of consulting experience, with previous roles in field sales, distribution planning, hydrocarbon purchasing, and manufacturing and operations planning, prior to his consulting career. Dave is responsible for the development and publication of the Argus Methanol Outlook – a monthly publication of forecasted prices in key regions, and the Argus Methanol Analytics – an extensive study of global methanol supply, demand, trade flows and expected capacity additions. </p></div> </div> </div> <div class="row container mx-auto graph-section" is-repeatable is-deletable="25-Graph-Section-2" is-colorable style="background-color: #ffffff" data-momentum-id="99823ffb"> <div class="col-md-2 offset-md-1 col-sm-12" data-momentum-id="f55990d8"> <img is-image="25-Graph Image-2" is-linkable src="https://view.argusmedia.com/rs/argusmedialtd/images/CHE_CHE_Victoria%2BBagdjian.jpg" alt="CHE_CHE_Victoria+Bagdjian.jpg" class="img-fluid" data-momentum-id="319960d7" style=" border-radius: 50%; "> <p class="offset-md-1 small" is-text="25-Image caption-2" is-colorable-text is-deletable data-momentum-id="985eb6ee"></p> </div> <div class="col-md-8 col-sm-12" data-momentum-id="a5894c78"> <h4 is-text="25-Subheading-2" is-colorable-text is-deletable data-momentum-id="5551b40d">Victoria Baghdjian</h4> <div is-editable="25-Text-2" is-repeatable is-deletable data-momentum-id="74faa587"><p data-momentum-id="48c9cc38"><strong data-momentum-id="246f4cd9">Head of European Methanol</strong></p> <p data-momentum-id="48c9cc38">Victoria joined Argus in 2020 and is Head of European methanol and MTBE/ETBE markets. She contributes to benchmark spot price assessments, as well as supply and demand analytics for the Argus Methanol and Argus Fuels and Octanes services. Victoria has over ten years’ experience covering the methanol and fuel octanes markets with pricing and consulting firms. She holds MA and MPhil degrees from Trinity College, University of Cambridge. </p></div> </div> </div> <div class="row container mx-auto graph-section" is-repeatable is-deletable="25-Graph-Section-3" is-colorable style="background-color: #ffffff" data-momentum-id="7bc083e8"> <div class="col-md-2 offset-md-1 col-sm-12" data-momentum-id="292afeaf"> <img is-image="25-Graph Image-3" is-linkable src="https://view.argusmedia.com/rs/argusmedialtd/images/CHE_CHE_Becky%2BZhang.jpg" alt="CHE_CHE_Becky+Zhang.jpg" class="img-fluid" data-momentum-id="737bddd6" style=" border-radius: 50%; "> <p class="offset-md-1 small" is-text="25-Image caption-3" is-colorable-text is-deletable data-momentum-id="c7588a91"></p> </div> <div class="col-md-8 col-sm-12" data-momentum-id="4572171a"> <h4 is-text="25-Subheading-3" is-colorable-text is-deletable data-momentum-id="afd60fac">Becky Zhang<br data-momentum-id="9c33bb62"></h4> <div is-editable="25-Text-3" is-repeatable is-deletable data-momentum-id="458466e1"><p data-momentum-id="671aca6f"><strong data-momentum-id="6500fa4d">Lead Methanol Consultant, Asia </strong></p> <p data-momentum-id="14ce595d">Becky Zhang has been with Argus for 10 years and is currently Asia Methanol Lead Consultant. She has more than 15 years’ experience in real-time market editorial, mainly in the olefins and methanol markets, and is familiar with volatile chemical market dynamics with broad industry networks across Asia. Becky is a regular presenter at olefins and methanol conferences and forums. She is a chemical engineering graduate from East China University of Science and Technology, and holds two masters’ degrees in Environmental and Energy Engineering from the University of Sheffield and Entrepreneurship from the University of Nottingham. </p></div> </div> </div> </div><div class="white-bg" is-module="06-Four Column Image Text and CTA" style="background-color: #ffffff" module-type="body" module-rules="hidden" is-colorable is-repeatable data-momentum-id="42624546"> <div class="row container mx-auto" data-momentum-id="16a4588a"> <div class="col-md-10 col-sm-12 mx-auto" data-momentum-id="6c6ab815"> <h2 class="blue-line" is-text="06-Heading" is-colorable-text is-repeatable is-deletable data-momentum-id="1e5f15a2" id="methanol">Pricing, forecasts, fundamentals and consulting across methanol markets</h2> <div class="row" data-momentum-id="707c4aab"> <div class="col-md-3 col-sm-12" is-group="06-Column-1" data-momentum-id="0b294914"> <div class="p-0 text-center" data-momentum-id="4a964152"> <img is-image="06-Column-1:Image" src alt="" class="img-fluid" data-momentum-id="723f15fd"> </div> <div class="pt-3" data-momentum-id="523ab48b"> <h4 is-text="06-Column-1:Header" is-colorable-text data-momentum-id="0b853613" style="color: rgb(51, 190, 238);">Argus Methanol Daily </h4> <div is-editable="06-Column-1:Text" data-momentum-id="750157e4"><p data-momentum-id="8d7bdf90">Key spot prices and analysis for the methanol market on a daily basis.</p></div> <div class="dark-btn" is-deletable="06-Column-1-CTA" data-momentum-id="584e9ff9"> <a class="dark-blue-btn" is-text="06-Column-1-CTA:Text" is-linkable href="https://view.argusmedia.com/argus-methanol-daily" is-colorable-text is-colorable style="background-color: rgb(51, 190, 238); 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