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Methanex Holds North American July Methanol Contract Price Flat, TPH Says

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Methanex (MEOH) kept its July 2026 North American methanol contract price unchanged at $1,480 per ton, despite weaker spot methanol prices, TPH Energy said in a Friday note.

The firm said the rollover came even as US spot methanol prices declined about $26 per ton over the month following the US-Iran peace agreement to reopen the Strait of Hormuz, which also pressured crude oil prices. Spot prices in other regions posted similar declines.

Despite softer spot prices, North American methanol contract prices have increased $78 per ton so far in the third quarter, remaining at historically strong levels, according to TPH Energy.

TPH said Methanex is expected to announce contract prices for additional regions in the coming days, which could provide a broader view of global methanol market conditions.

TPH maintained its Buy rating on Methanex with a $72 price target.

Price: $47.84, Change: $-0.69, Percent Change: -1.41%

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