The Power of Agility - Methanex Capacity and Financials
19
Positive methanol price outlook
Strong near-term pricing outlook
Higher methanol prices and tight
market conditions supported by:
Steady methanol demand
Low global inventory levels
Ongoing industry supply challenges
Higher energy price environment
Significant steepening of industry cost
curve
Global energy shortages and higher
energy prices provide firm methanol
price support
Marginal producer includes high-cost
coal-based methanol producers and
natural gas-based producers in China
$/tonne
Third party price forecasts
Industry forecasts ¹ show pricing at:
~$330-$350/tonne in the near-term
~$400+/tonne in the mid-to-long term
500
400
300
200
IHS
2021
2022
2023
2024
2025
MMSA
2026
2027
2028
2029
2030
Average
1 Source: IHS methanol price forecast (June 2021) and MMSA
methanol price forecast (March 2021)
Historical methanol price
distribution 2011-2021
Methanol prices have averaged
~$350/tonne over the last 10 years
and have been above $300 over 70%
of the time
88%
80%
73%
53%
25%
>
> $250 $275 >$300 >$350 >$400
Methanex quarterly average realized price
methanex
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