Current Prices, Historical Series and Forecasts in Several Countries
Chart Description. Intratec provides Methanol prices in several countries, as follows:
Chart Instructions. Hover the mouse over the series to view the respective Methanol prices plotted. You can filter a given Methanol price series by clicking on the respective legend label, right above the chart.
About Methanol. Methanol (a.k.a. Methyl Alcohol, Wood Alcohol) is a colorless liquid at ambient temperatures with a mild, characteristic alcohol odor and is one of the most important chemical raw materials. Methanol was originally called wood alcohol because it was first obtained from the destructive distillation of wood. Currently, more than 95% of commercial methanol is synthetically produced from synthesis gas, or syngas, which is a mixture of hydrogen and carbon monoxide.
Chemical Formula. CH3OH
Commercial Grades. grade A (minimum 99.85 wt% methanol, maximum 0.15 wt% water) and grade AA (minimum 99.85 wt% methanol, maximum 0.10 wt% water, maximum 0.001 wt% ethanol, maximum 0.002 wt% acetone).
Uses. Methanol is most used as a solvent, and raw material in the synthesis of chemicals like methyl esters of organic acids, methylamines, and others. It is also used in small quantities as fuel and in antifreeze uses.
- Natural gas (reforming)
- Coal/wood (gasification)
- Naphtha/vacuum residue/heavy fuel oil (partial oxidation)
To know more about Methanol production processes, click here.
Derivatives. formaldehyde; methyl tert-butyl ether (MTBE); acetic acid; methyl methacrylate; dimethyl terephthalate; and formic acid.
Methodology. The 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 Methodology.
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