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Europe methanol futures contract ‘to launch in March’

A futures contract for the European methanol market could launch as early as March, a Russian methanol trader who is involved in the process said on Tuesday. Metadynea Trading, a Swiss supply and distribution business whose parent company is Russian methanol producer Metafrax, is actively preparing for the launch of this contract, its trading manager … Continue reading Europe methanol futures contract ‘to launch in March’

SOCAR Methanol reveals forecasts on global methanol demand

The global demand for methanol will amount to 83 million tons in late 2017, Elnur Mustafayev, director general at SOCAR Methanol LLC, said at the fourth international conference “Oil refining and petrochemistry of the Caspian Sea and Central Asia” Nov. 29. “Methanol is a rather popular product,” he said. "It is used as a semi-finished … Continue reading SOCAR Methanol reveals forecasts on global methanol demand