Current Prices, Historical Series and Forecasts in Several Countries
Introduction. Intratec provides Methanol prices in several countries, as follows:
About Methanol. Methanol (a.k.a. Methyl Alcohol, Wood Alcohol) is a colorless liquid at ambient temperatures with a mild, characteristic alcohol odor. It is one of the most important chemical raw materials, used as a solvent, starting material in the production of chemicals and in the fuel sector.
Chemical Formula. CH3OH
Commercial Grades. Grade A (min methanol: 99.85 wt% / max. content of water: 0.15 wt%); grade AA (min. methanol 99.85 wt% / max. content of water, ethanol and acetone is, respectively 0.10 wt%, 0.001 wt%, and 0.002 wt%)
Uses. Methanol is most used in the syntheses of the following chemicals: formaldehyde; methyl tert-butyl ether (MTBE), which is a gasoline additive to raise the octane number; acetic acid; methyl methacrylate; dimethyl terephthalate; formic acid; methyl esters of organic acids; methylamines; and etc.. Only a small fraction is used as fuel in the energy sector. In addition, Methanol also has other general solvent and antifreeze uses. Finally, in recent years, technologies were developed for the production of chemicals and fuels from syngas, with methanol being an intermediate. Such technologies include methanol to gasoline (MTG), methanol-to-olefins (MTO) and methanol-to-propylene (MTP) processes.
- Natural gas (reforming)
- Coal/wood (gasification)
- Naphtha/vacuum residue/heavy fuel oil (partial oxidation)
To know more about Methanol production processes, click here.
Derivatives. Methanol is used as raw material in the production of the following derivates: formaldehyde; methyl tert-butyl ether (MTBE); acetic acid; Methyl methacrylate; dimethyl terephthalate; formic acid; methyl esters of organic acids; methylamines.
Methodology. The chemicals pricing data presented are, if not otherwise indicated, volume-weighted average transaction prices including contract and spot transactions in the locations specified. The information provided is obtained from gathering and refining of trade data officially reported for the respective countries (i.e., governmental agencies, institutions related to foreign trade and industry publications). For further details check our Chemicals Pricing Data Methodology.
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