By Gregor Spilker
The methanol industry is in an exciting phase of growth - U.S. production capacity is expanding rapidly, and global demand is set to increase over the coming years. With various uses across petrochemicals and energy markets, methanol economics are complex. Demand for methanol is influenced by many factors; and it competes against other feedstock for olefins production, as a maritime fuel, for blending in biofuels, etc.
CME Group will support the market with the launch of financial contracts. European Methanol futures are already trading on NYMEX, and the exchange is now introducing