ICE Methanol (MTF=F) settled at $96.00/mt on June 2, down 0.57% from the prior close, extending a multi-year price compression from 2022 highs above $430/mt. The Chinese domestic market (ZCE) trades at 3,108 CNY/T, up 3.15% on the day but off 4.37% from last month, reflecting persistent supply disruptions from Iran — which supplies over half of China's methanol imports. Global supply-demand is broadly balanced but fragile: Iranian export uncertainty, compressed MTO margins in China, and rising marine fuel demand create competing directional forces. This report evaluates price structure, supply risks, demand dynamics, trade policy impacts, and actionable procurement strategies.
Sign in with a Pro plan to view the full intelligence report.