In November, the global methanol market continued to be characterized bygenerally weak demand and stable supply. Amid these market conditions, Samwoo Chemicals is simultaneously working to ensure supply stability for its domestic customers and reviewing its strategies in preparation for the 2026 annual volume negotiations.
In the U.S., a seller-driven market remains in place, with spot pricescontinuing to trade below contract prices. This stems from weak buyer sentiment, as supply remains ample but demand for lower-grade products has yet to recover.
Furthermore, while the stabilization of natural gas prices has eased the cost burden on producers, the overall trend of weak demand continues.
The European market continues to see supply significantly outstripping demand. Given the high inventory levels, it is more likely that a steady downward trend will continue in the short term rather than a price rebound.
Inventory levels at major logistics hubs, including the Port of Rotterdam, remain high, which is capping prices across Europe.
Although there are regional differences, Asia as a whole is clearly experiencing a slowdown in demand.
Most market participants are focusing on regular volume negotiations, and spot trading appears to be declining.
The key themes for the November market are
① Supply surplus ② Slowing demand ③ Inventory burden
These are the three points.
Consequently, there is little upward pressure on prices in the short term, and the market continues to trade within a stable range characterized by a mild downtrend.