Methanol Spot Price

Methanol, also known as wood alcohol, is a colourless, volatile liquid chemical compound. It serves as a versatile commodity with applications in various industries. Methanol is primarily used as a feedstock in the production of formaldehyde, acetic acid, and other chemicals. It is also utilized as a solvent, antifreeze, fuel additive, and in the manufacturing of plastics, paints, and pharmaceuticals. Major producers include China, the United States, and Saudi Arabia.