Methanex and Methanol - Upside aheadMethanex has a methanol monopoly, methanol has been gainining momentum for the past weeks, has gone up 3 weeks in a row (2.7% last week).
Given the strong correlation MEOH / MX.TO could be going up.
NASDAQ:MEOH
TSX:MX
This chart is the relative strenght of the Methanol futures vs the SPX. It's
PEIX vs Ethanol Futures (Chicago)Pacific Ethanol doing a reversal up with COVID spike and Ethanol Futures change. Awaiting this going to target $10-11 on short term with another positive earnings and 3rd plant running more to market need. Announcement also selling into more profitable libations market of low calorie seltzers
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Frequently Asked Questions
The current price of NY Ethanol (Platts) Futures (Jul 2025) is 1.9250 USD — it has risen 0.92% in the past 24 hours. Watch NY Ethanol (Platts) Futures (Jul 2025) price in more detail on the chart.
Track more important stats on the NY Ethanol (Platts) Futures (Jul 2025) chart.
The nearest expiration date for NY Ethanol (Platts) Futures (Jul 2025) is Aug 4, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell NY Ethanol (Platts) Futures (Jul 2025) before Aug 4, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For NY Ethanol (Platts) Futures (Jul 2025) this number is 70.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for NY Ethanol (Platts) Futures (Jul 2025) shows that traders are closing their positions, which means a weakening trend.