What is Methanex's June 2024 methanol contract price for Asian buyers, and how does it compare to May?

Methanex Corp. has set its June methanol Asian contract price (ACP) at $740 per ton, unchanged from the previous month. This price stability follows record highs in April, which were driven by rising oil prices amid geopolitical tensions. Methanex's monthly ACP serves as a key benchmark for the methanol market, and Asian buyers typically receive a 15% discount off this price.

Why is Methanex's monthly pricing decision significant for the Asian methanol market?

Methanex's monthly pricing is a key benchmark for the methanol market, meaning its announced Asian contract price (ACP) strongly influences trading behavior, contract negotiations, and spot pricing across Asia. As the world's largest methanol producer, Methanex’s pricing signals reflect supply-demand assessments and cost considerations that other market participants closely follow. The fact that Asian buyers receive a standard 15% discount off the published ACP further underscores the centrality of Methanex’s figure in regional pricing structures.

Methanex sets June methanol prices for Asian buyers

May 31, 2026

Methanex Corp. maintained its June Asian contract price for methanol at $740 per ton, unchanged from the previous month. This price stability follows record highs attributed to rising oil prices amidst geopolitical tensions.

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