Methanol increased 75 CNY/T or 3.06% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Methanol reached an all time high of 4278 in October of 2021.
Methanol is expected to trade at 2586.67 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2680.99 in 12 months time.