12/02/2019: Tauber raised its USG posted price 2 cts/gal to 83 cts/gal effective December 1st.
11/25/2019: Southern Chemical Corp (SCC) confirms it will rollover its US benchmark of $1/gal effective December 1st.
11/22/2019: Methanex confirms it will rollover its Western Canadian Distributor Price (WCDP) benchmark of CAN $520/mt effective December 1st.
11/22/2019: Methanex confirms it will rollover its US methanol benchmark of $1.03/gal effective December 1st.
10/29/2019: In a notice to customers today Southern Chemical Corp. (SCC) confirmed it will roll its US methanol benchmark of $1/gal effective November 1st.
10/29/2019: Southern Chemical Corp. (SCC) will roll its US methanol benchmark of $1/gal effective September 1st. Methanex confirmed it will rollover its US methanol benchmark of $1.03/gal as well as its WCDP of CAN $520/mt on November 1st.
09/26/2019: Methanex confirms it will carry forward its existing methanol WCDP of CAN $520/mt effective October 1st.
09/26/2019: Methanex confirmed it will carry forward its existing US methanol posted price of $1.03/gal and lower its European posted price for Q4 Euro 35/mt to Euro 280/mt effective October 1st. This morning Southern Chemical Corp (SCC) confirmed it will also rollover its US posted price of $1/gal effective October 1st
08/29/2019: Southern Chemical Corp. (SCC) will roll its US methanol benchmark of $1/gal effective September 1st.
07/31/2019: Methanex will lower its Western Canadian Distributor Price (WCDP) CAN $70/mt to CAN $520/mt effective August 1st.
07/31/2019: Methanex confirms it will lower its US methanol posted price 13 cts/gal to $1.03/gal and drop its Asian contract price $40/mt to $295/mt effective August 1st.
07/25/2019: Southern Chemical Corp. (SCC) will lower its US methanol benchmark 17 cts/gal to $1/gal effective August 1st.
07/12/2019: As of today most producers contacted confirmed plants in Louisiana and East Texas are prepared for rain and wind associated with the approaching tropical storm due to make landfall this weekend, but there are no reports of any preemptive shutdowns. The ports of New Orleans and Lake Charles did reportedly shut today ahead of the storm.
07/10/2019: Distributors confirm receiving notice of possible disruptions due to potential flooding in Louisiana in the coming days with the approach of Hurricane Barry. Meteorologists predict as much as 18 inches of rain could fall through the weekend which could impact production facilities and terminals.
07/01/2019: Tauber lowered its USG posted price 3 cts/gal to 96 cts/gal effective July 1st.
06/27/2019: Southern Chemical Corp. (SCC) will carry forward its US methanol benchmark of $1.17 cts/gal effective July 1st.
06/26/2019: Methanex confirms it will lower its US posted price 10 cts/gal to $1.16/gal effective July 1st. The Western Canadian Distributor Price (WCDP) will also adjust CAN $50/mt lower to CAN $590/mt next month. The company also confirmed dropping its Q3 European contract posting Euro 45 to Euro 315/mt.
05/30/2019: Southern Chemical Corp. (SCC) will lower its US methanol benchmark 9 cts/gal to $1.17 cts/gal effective June 1st.
05/30/2019: Methanex will lower its Western Canadian Distributor Price (WCDP) CAN $10/mt to CAN $640/mt effective June 1st.
05/30/2019: Methanex confirms it will lower its US posted price 4 cts/gal to $1.26/gal and drop its Asia Pacific contract price $20/mt to $350/mt effective June 1st.
04/27/2019: Yesterday Methanex confirmed it will carry forward its US benchmark of $1.30/gal on May 1st.
04/25/2019: Southern Chemical Corp (SCC) will lower its US methanol posted price 3 cts/gal to $1.26/gal effective May 1st.
03/28/2019: Southern Chemical Corp (SCC) will rollover its US methanol benchmark price of $1.29/gal effective April 1st.
03/24/2019: Methanex will carry forward its Western Canadian Distributor Price (WCDP) of CAN$650/mt on April 1st.
03/23/2019: Methanex confirms it will carry forward its existing US benchmark of $1.30/gal effective April 1st.
03/01/2019: Methanex confirms rolling its Western Canadian Distributor Price (WCDP) of CAN $675/mt on March 1st.
02/27/2019: Chemical Company (SCC) confirms it will rollover its existing US methanol posted price of $1.29/gal effective March 1st. Methanex also confirms it will carry forward its US benchmark of $1.30/gal next month.
02/06/2019: TCEQ reports the 1.7 mln mt/yr Natgas plant in Beaumont restarted today.
02/05/2019: Traders report spot barge prices surged today resulting in at least one sale as high as $1.05/gal FOB USG amid unconfirmed reports of production curtailments, although some observers caution the spike might be short-lived.
01/31/2019: Southern Chemical Company (SCC) confirms it will lower its US posted price 3 cts/gal to $1.29/gal effective February 1st.
01/30/2019: Methanex will lower its Western Canadian Distributor Price (WCDP) CAN $25/mt to CAN $650/mt effective February 1st.
01/30/2019: Last night Methanex confirmed lowering its US posted price 3 cts/gal to $1.30/gal effective February 1st.
01/29/2019: Primary sources report there are as yet no operational disruptions or export limitations on methanol to the US from plants in Venezuela, although the situation remains fluid and subject to change.
01/29/2019: Industry sources report spot barge offers rising to $1.06/gal FOB USG today amid unconfirmed reports exports from Venezuela might be curtailed as detailed in yesterday’s report following the imposition of sanctions impacting crude deliveries today. We will relay any subsequent confirmation. In other news Methanex adjusted its Asian Contract Price for February down $25/mt to $345/mt.
12/21/2018: Southern Chemical Corporation (SCC) confirms it will drop its US posted methanol price 10 cts/gal to $1.32/gal effective January 1st.
12/21/2018: Methanex will lower its Western Canadian Distributor Price (WCDP) CAN $25/mt to $675/mt effective January 1st.
12/21/2018: Methanex confirms it will lower its US methanol reference price 8 cts/gal to $1.33/gal on January 1st.
11/29/2018: Methanex will lower its Western Canada Distributor Price (WCDP) CAN $55/mt to CAN $700/mt effective December 1st.
11/29/2018: Southern Chemical Corporation (SCC) confirms it will lower its US posted methanol price 11 cts/gal to $1.42/gal effective December 1st.
11/29/2018: Methanex confirms it will lower its US posted price 15 cts/gal to $1.41/gal effective December 1st.
10/29/2018: Methanex will raise its Western Canadian Distributor Price (WCDP) C$35/mt to C$755/mt effective November 1st.
10/25/2018: Southern Chemical Corporation (SCC) confirms it will raise its US posted methanol price 5 cts/gal to $1.53/gal effective November 1st.
09/28/2018: Methanex will raise its Western Canadian Distributor Price (WCDP) CAN $10/mt to CAN $720/mt effective October 1st.
09/27/2018: Southern Chemical Corp (SCC) confirms it will raise its US methanol posted price 4 cts/gal to $1.48/gal effective October 1st.
09/27/2018: Methanex confirms it will raise its US methanol reference price 3 cts/gal to $1.49/gal effective October 1st. Additional sources report the Q4 European methanol contract settling up Euro 16/mt at Euro 435/mt.
09/26/2018: Sources today report initial Q4 European methanol contract settlements at Euro 428/mt and Euro 435/mt. The Q3 price is Euro 419/mt.
09/12/2018: Several industry source claim the 1.7 mln mt/yr Atlas methanol plant in Trinidad is down expectedly for 10 or 11 days, although there is as yet no confirmation.
09/11/2018: Today there was confirmation of two barges sold FOB Houston at $1.21/gal for September delivery.
08/31/2018: Methanex confirms it will roll its Asian Posted Contract Price of $480/mt on September 1st after moving down $10/mt in August.
08/31/2018: Methanex confirmed it will lower its Asian Posted Contract Price $10/mt to $480/mt effective September 1st.
08/30/2018: Southern Chemical Corp. (SCC) confirms it will carry forward its existing US posted price of $1.44 cts/gal effective September 1st.
08/30/2018: Today Methanex confirmed it will rollover its existing US methanol posted price of $1.46/gal effective September 1st.
07/31/2018: Late last week sources reported the 925,000 mt/yr OCI plant in Beaumont experienced an unplanned outage. Some observers claim the plant would be down until early next week for a total of 10 days or more.
07/31/2018: Methanex will lower its Western Canadian Distributor Price (WCDP) CAN $25/mt to CAN $710/mt effective August 1st.
07/28/2018: Methanex today announced it will lower its US methanol posted price 3 cts/gal to $1.46/gal effective August 1st.
07/26/2018: Southern Chemical Corp. (SCC) confirms it will lower its US posted price 5 cts/gal to $1.44 cts/gal effective August 1st.
06/29/2018: Methanex will increase its Western Canadian Distributor Price (WCDP) CAN $15/mt to CAN $735/mt on July 1st.
06/29/2018: Methanex confirms it will roll its US benchmark of $1.49/gal on July 1st. The company will also carry forward its Asian posted price of $490/mt, although it will raise its European marker Euro 39/mt to Euro 419/mt.
06/28/2018: Southern Chemical Corp. (SCC) confirms it will carry forward its existing US posted price of $1.49 cts/gal effective July 1st.
06/25/2018: OCI, Consolidated Energy Limited and Natgasoline LLC confirm the start of commercial methanol production at the 1.75 mln mt/yr methanol plant in Beaumont. The plant will continue to ramp-up in the coming weeks.
06/12/2018: HELM AG, Proman AG and Southern Chemical Corporation (SCC) today announced a restructuring of their regional methanol marketing activities to establish the global joint venture HELM Proman Methanol AG. HELM will hold 57% in the joint venture, Proman 38% and Jan W. Spin, CEO and shareholder of SCC 5%.
05/31/2018: Methanex will raise its Western Canadian Distributor Price (WCDP) CAN $10/mt to CAN $720/mt effective June 1st.
04/26/2018: Southern Chemical Corp. (SCC) confirms it will carry forward its existing US posted price of $1.49 cts/gal effective May 1st.
04/26/2018: Methanex confirms it will carry forward its existing US posted price of $1.49 cts/gal effective May 1st.
03/30/2018: Methanex will raise its Western Canadian Distributor Price (WCDP) CAN $10/mt to CAN $710/mt effective April 1st.
03/29/2018: Southern Chemical Corp. (SCC) confirms it will rollover its US posted price of $1.49/gal effective April 1st.
03/28/2018: Today Methanex confirmed it will carry forward its existing $1.49/gal US methanol benchmark on April 1st. Earlier in the week the company confirmed rolling over its European posted price of Euro 380/mt for Q2.
02/28/2018: Methanex will carry forward its existing Western Canadian Distributor Price (WCDP) of CAN $700/mt effective March 1st.
02/24/2018: Methanex confirms it will lower its US methanol benchmark 3 cts/gal to $1.49/gal effective March 1st.
02/22/2018: Southern Chemical Corp (SCC) confirms it will roll its US methanol posted piece of $1.49/gal effective March 1st.
02/16/2018: On Wednesday local news sources reported the Linde gas processing plant in La Porte shutdown unexpectedly due to a high pressure release. LyondellBasell’s La Porte methanol plant was likely impacted according to observers.
01/31/2018: Methanex will raise its Western Canadian Distributor Price (WCDP) CAN $15/mt to CAN $700/mt on February 1st.
01/30/2018: Methanex confirms they will raise their North American methanol posted price 8 cts/gal to $1.52/gal and move their Asia Pacific price up $10/mt to $480/mt on February 1st.
01/26/2018: Southern Chemical Corp (SCC) confirms it will raise its US posted price 7 cts/gal to $1.49/gal effective February 1st.
01/02/2018: Customers report Methanex raised its Western Canadian Distributor Price (WCDP) CAN $85/mt to CAN $685/mt on January 1st.
12/30/2017: Tauber will raise its USG methanol posted price 10 cts/gal to $1.30/gal on January 1st following a 10 cts/gal increase on December 18th.
12/28/2017: Southern Chemical Corp (SCC) confirms it will raise its USG posted price 20 cts/gal to $1.42/gal effective January 1st.
12/28/2017: Methanex today confirmed it will raise its US methanol posted price 20 cts/gal to $1.44/gal effective January 1st.
12/27/2017: On December 27th Methanex confirmed it will raise its methanol Asian Contract Price $40/mt to $470/mt effective January 1st.
12/21/2017: Regional sources claim the Q1 European methanol contract price has settled up Euro 62/mt at Euro 380/mt.
12/15/2017: Tauber will raise its USG posted methanol price 10 cts/gal to $1.20/gal effective Monday December 18th.
12/13/2017: Large and small volume spot offers in the USG are higher this week. Several traders reported US spot methanol barges trading at $1.15/gal for December and $1.16/gal for January delivery.
12/02/2017: Tauber raised its monthly posted methanol price in the USG 10 cts/gal to $1.10/gal effective today December 1st.
11/30/2017: Methanex will raise its Western Canadian Distributor Price (WCDP) CAN $35/mt to CAN $600/mt effective December 1st.
11/29/2017: Late yesterday Methanex confirmed it will raise its US methanol posted price 8 cts/gal to $1.24/gal effective December 1st.
11/28/2017: Southern Chemical Corp (SCC) confirms it will raise its US methanol posted price 8 cts/gal to $1.22/gal effective December 1st.
10/27/2017: This morning Methanex confirmed it will carry forward its existing methanol Asian Posted Contract Price of $400/mt effective November 1st.
10/26/2017: Southern Chemical Corp (SCC) confirms it will carry forward its existing US methanol benchmark of $1.14/gal effective November 1st.
09/29/2017: Methanex confirms raising its methanol Asian Contract Price $50/mt to $400/mt effective October 1st.
09/28/2017: Methanex will carry forward its existing methanol Western Canadian Distributor Price (WCDP) of CAN $565/mt on October 1st.
09/28/2017: This morning Southern Chemical Corp (SCC) confirmed it will rollover its US posted price of $1.14/gal on October 1st. Methanex announced it will raise its US list price 3 cts/gal to $1.19/gal next month.
08/31/2017: Southern Chemical Corp (SCC) confirms it will raise its US posted price 4 cts/gal to $1.14/gal effective September 1st.
08/31/2017: Methanex will carry forward its existing Western Canadian Distributor Price (WCDP) of CAN $565/mt effective September 1st.
08/29/2017: Methanex confirms it will raise its US methanol reference price up 3 cts/gal to $1.16/gal effective September 1st.
08/29/2017: Southern Chemical Corp (SCC) issued notice that it will delay the release of its September price change until “at least Friday” in order to assess the impact Hurricane Harvey had on operations.
08/29/2017: TCEQ reports the Celanese methanol unit at Clear Lake was shut down yesterday due to safety concerns but could ostensibly restart on September 6th. There are unconfirmed reports Lyondell is operating its plant in Channelview at a reduced rate or having logistical issues. Spot barge offers FOB USG today were reported as high as 97 cts/gal.
07/28/2017: Methanex will lower its Western Canadian Distributor Price (WCDP) CAN $35/mt to CAN $565/mt effective August 1st.
07/27/2017: Southern Chemical Corp. (SCC) will raise its US methanol posted price 2 cts/gal to $1.10/gal effective August 1st.
07/27/2017: Methanex confirms it will roll its US methanol reference price of $1.13 cts/gal effective August 1st. The company also confirmed it will carry forward its Asian Contract Price of $320/mt next month.
07/21/2017: Several players report a July barge sold yesterday to a trader at 87.50 cts/gal FOB USG.
07/21/2017: One July barge was confirmed sold for 90 cts/gal today FOB ITC.
07/19/2017: Two barges confirmed done today at 90 cts/gal for July FOB St. Rose.
07/04/2017: Methanex adjusted its methanol Western Canadian Distributor Price (WCDP) down CAN $15/mt to CAN $600/mt as of July 1st.
06/29/2017: Methanex confirms it will adjust its US methanol reference price down 3 cts/gal to $1.13/gal effective July 1st.
06/28/2017: Southern Chemical Corp (SCC) confirms it will lower its monthly posted price 3 cts/gal to $1.08/gal effective July 1st.
06/21/2017: Methanex confirms it will adjust its European Q3 methanol posted price down Euro 130/mt at Euro 320/mt.
05/26/2017: Methanex confirms it will adjust its US methanol reference price down 7 cts/gal to $1.16/gal effective June 1st. Southern Chemical Corp. (SCC) today also confirmed it will lower its US posted price 6 cts/gal to $1.11/gal next month. In Asia Methanex confirmed it will lower its ACP $40/mt to $320/mt next month.
04/27/2017: Southern Chemical Corp (SCC) confirms it will adjust its US methanol reference price down 15 cts/gal to $1.17/gal cts/gal effective May 1st. Yesterday Methanex confirmed it will adjust its US posted price 10 cts/gal lower to $1.23/gal next month.
03/30/2017: Methanex confirms it will adjust its US methanol reference price down 17 cts/gal to $1.33 cts/gal effective April 1st.
03/30/2017: Southern Chemical Corp (SCC) confirms it will adjust its US methanol reference price down 13 cts/gal to $1.32/gal effective April 1st.
02/27/2017: Southern Chemical Corp. (SCC) confirms it will raise its US methanol benchmark 16 cts/gal to $1.45 /gal effective March 1st.
02/27/2017: Methanex confirms it will adjust its Western Canadian Distributor Price (WCDP) CAN $85/mt to CAN $735/mt affective March 1st.
02/25/2017: Methanex today confirmed it will raise its US methanol benchmark 25 cts/gal to $1.50/gal effective March 1st. The company also announced a $70/mt increase in Asia that moves its regional price there to $500/mt next month.
01/26/2017: Southern Chemical Corp. (SCC) confirms it will raise its US methanol benchmark 10 cts/gal to $1.29/gal effective February 1st.
12/31/2016: Methanex will raise its methanol Western Canadian Distributor Price (WCDP) CAN $75/mt to CAN $650/mt effective January 1st.
12/29/2016: Methanex confirms it will raise its US methanol benchmark 15 cts/gal to $1.25/gal effective January 1st. The company also confirmed adjusting its Asian contract price up $80/mt to $430/mt next month. Earlier today SCC confirmed moving its US posted price 7 cts/gal higher to $1.19/gal next month.
12/28/2016: Southern Chemical Corp. (SCC) confirms it will raise its US methanol benchmark 7 cts/gal to $1.19/gal effective January 1st.
12/01/2016: TCEQ filings today confirm the OCI methanol plant at Beaumont was shutdown yesterday, although there are no details regarding the duration of the outage.
11/30/2016: Methanex will raise its Western Canadian Distributor Price CAN $65/mt to CAN $575/mt effective December 1st.
11/29/2016: Methanex confirms it will raise its US “non-discounted reference price” up 14 cts/gal to $1.10/gal effective December 1st.
11/29/2016: Southern Chemical Corp. (SCC) confirms it will raise its US methanol benchmark 18 cts/gal to $1.12/gal effective December 1st.
11/10/2016: At least one spot methanol barge for November delivery FOB ITC was confirmed today at 93 cts/gal. Earlier in the week December spot FOB ITC was done at 86.50 cts/gal and 88.50 cts/gal FOB St. Rose. Some traders cite possible unconfirmed issues at a USG methanol plant for the recent price surge.
10/28/2016: Southern Chemical Corp (SCC) confirms it will raise its USG methanol posted price 5 cts/gal to 94 cts/gal effective November 1st.
10/27/2016: Methanex will raise its Western Canadian Distributor Price (WCDP) CAN $35/mt to CAN $510/mt effective November 1st.
10/27/2016: Methanex confirms it will raise its US methanol benchmark 8 cts/gal to 96 cts/gal and adjust its Asian posted price up $25/mt to $310/mt effective November 1st.
10/11/2016: Spot methanol barge prices FOB USG surge above 80 cts/gal on Monday amid ongoing availability concerns.
09/30/2016: Methanex will raise its Western Canadian Distributor Price (WCDP) CAN $30/mt higher to CAN $475/mt effective October 1st.
09/29/2016: Methanex notified customers it will raise its posted US methanol price 5 cts/gal to 88 cts/gal effective October 1st.
09/28/2016: This morning Southern Chemical Corp. (SCC) notified customers it will raise its posted US methanol price 8 cts/gal to 89 cts/gal effective October 1st.
09/27/2016: Today Methanex confirmed raising its Asian posted contract benchmark $10/mt to $285/mt effective October 1st.
09/19/2016: The 1.3 mln mt/yr Fairway Methanol plant is reportedly offline for at least a week due to a power outage impacting compressors and boilers.
08/31/2016: Methanex will raise its Western Canadian Distributor Price (WCDP) CAN $10/mt to CAN $445/mt on September 1st.
08/31/2016: Methanex confirms it will raise its US methanol non-discounted reference price (MNDRP) 3 cts/gal to 83 cts/gal on September 1st. The company also announced carrying forward its Asian posted price of $275/mt next month.
08/30/2016: This morning Southern Chemical Corp. (SCC) confirmed it will carry forward its US methanol posted price of 81 cts/gal effective September 1st.
08/26/2016: Spot barge prices FOB USG surged this week with recent sales to one supplier reaching 65 cts/gal followed by purchases attributed to a trader at 66 and 68 cts/gal and a sale to a world scale supplier at 69.50 cts/gal. Several traders also reported hearing of at least one sale as high as 71 cts/gal which remains confirmed at this time. There are as yet no confirmed September nominations, although many observers now believe influential suppliers will announce moderate US benchmark increases.
08/10/2016: Today a large methanol supplier confirmed the purchase of three barges for August delivery FOB ITC at 60 cts/gal.
07/28/2016: This morning Southern Chemical Corp. (SCC) confirmed it will roll its US methanol posted price of 81 cts/gal effective August 1st. Methanex previously announced rolling its contract prices in the US, Europe and Asia and raising its benchmark in Canada CAN $10/mt next month.
07/27/2016: Methanex will raise its Western Canadian Distributor Price (WCDP) for methanol CAN $10/mt to CAN $435/mt effective August 1st.
07/27/2016: Methanex confirms it will carry forward US methanol posted price of 80 cts/gal effective August 1st. It will also roll its European benchmark of Euro 240/mt and its Asian posted rice of $275/mt next month.