Press release
Methanol Prices, Chart, Index and Regional Data
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ก๐๐ง๐จ๐ฅ ๐๐ซ๐ข๐๐๐ฌ ๐๐จ๐ฏ๐๐ฆ๐๐ง๐ญ ๐๐๐๐๐ญ๐ก๐๐ง๐จ๐ฅ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ:
Methanol prices in the United States for September registered USD 737 per MT in the third quarter of 2024. The market experienced a major price rise due to supply chain interruptions and less imports, putting tight supply on the market. Strong demand from industries like formaldehyde and chemicals, rising raw material costs, and delays at ports served the prices to rise further along a favorable outlook for the market.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ๐ฟ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/Methanol-pricing-report/requestsample
๐๐๐ญ๐ก๐๐ง๐จ๐ฅ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง:
The methanol price trajectory for Japan in Q3 2024 was finally settled at 352 USD/MT in September. The price hikes during the period owing to significant demand for acetic acid and formaldehyde proved to be significant pressures on the market. Prices were kept extremely high due to the high feedstock costs and supply constraints. Lower shipping rates softened the blow but did not change the market tightness because of constant industrial activity and even more growth momentum.
๐๐๐ญ๐ก๐๐ง๐จ๐ฅ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐๐ญ๐ก๐๐ซ๐ฅ๐๐ง๐๐ฌ:
For Q3 2024 in the Netherlands, the prices of methanol climbed to 380 USD/MT, such that its September price now stands at that 380 USD/MT mark. High prices were triggered because there was much demand put up for consumption and the energy prices are rising. It created a tighter supply condition. Geopolitical tensions and port congestion further pressured prices and maintained the upward trend of the market.
๐๐๐ญ๐ก๐๐ง๐จ๐ฅ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐๐ฎ๐๐ข ๐๐ซ๐๐๐ข๐ :
In Saudi Arabia, methanol prices reached USD 312 per metric ton in the September month of the third quarter of the year 2024. These prices were further propelled by an increase in demand, particularly from industrial sources, along with a limited supply of the product. Price pressure was also created by rising production costs and supply chain interruptions. The market has an overall optimistic view and a steady and constant upward pointing, which is supported by the seasonal demand changes and infrastructure investments.
๐ฆ๐ฝ๐ฒ๐ฎ๐ธ ๐๐ผ ๐ฎ๐ป ๐๐ป๐ฎ๐น๐๐๐: https://www.imarcgroup.com/request?type=report&id=22326&flag=C
๐๐จ๐ฐ ๐๐๐๐๐ ๐๐ซ๐ข๐๐ข๐ง๐ ๐๐๐ญ๐๐๐๐ฌ๐ ๐๐๐ง ๐๐๐ฅ๐ฉ
The latest IMARC Group study, "๐๐๐ญ๐ก๐๐ง๐จ๐ฅ ๐๐ซ๐ข๐๐๐ฌ, ๐๐ซ๐๐ง๐, ๐๐ก๐๐ซ๐ญ, ๐๐๐ฆ๐๐ง๐, ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐๐ฐ๐ฌ, ๐๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐๐๐ฅ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐ญ๐ ๐๐๐๐ ๐๐๐ข๐ญ๐ข๐จ๐ง,"ย presents a detailed analysis of Methanol price trend, offering key insights into global Methanol market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Methanol demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐๐:
IMARC Group
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๐๐บ๐ฎ๐ถ๐น: sales@imarcgroup.com
๐ง๐ฒ๐น ๐ก๐ผ: (D) +91 120 433 0800
๐จ๐ป๐ถ๐๐ฒ๐ฑ ๐ฆ๐๐ฎ๐๐ฒ๐: +1-631-791-1145
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.
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