HOUSTON, May 13, 2024
/PRNewswire/ -- Global energy and commodity price reporting
service Argus has launched a low-carbon methanol assessment for the
US Gulf coast.
The new price adds transparency and facilitates liquidity in the
rapidly developing blue, green, and e-methanol low-carbon
markets.
Alongside a market-survey based price assessment, which reflects
the transactable value of low-carbon methanol, Argus has also
launched a cost calculation for the production of low-carbon
methanol. The two price points will provide a separate market
reference for this emerging sector.
Low-carbon methanol is attracting widespread attention from
multiple industrial sectors because it offers a decarbonization
route both for the chemical industry's traditional end-uses and for
reducing the sulphur content and carbon footprint of shipping,
where it can be used as a bunker fuel.
Argus Media chairman and chief executive Adrian Binks said: "We are pleased to enhance
our global suite of daily, weekly, and monthly methanol prices and
bring new transparency to this exciting market at the US Gulf
coast. Our methanol assessments and indices are increasingly being
adopted by producers, consumers, traders and companies across the
methanol supply chain, because they provide the price participants
need to deal with some of the challenges of the evolving energy
transition."
Argus contact information
London: Seana Lanigan
+44 20 7780 4200
Email Seana
Houston: Matt Oatway
+1 713 968 0000
Email Matt
Singapore: Tomoko Hashimoto
+65 6496 9960
Email Tomoko
About Argus Media
Argus is the leading independent provider of market intelligence
to the global energy and commodity markets. We offer essential
price assessments, news, analytics, consulting services, data
science tools and industry conferences to illuminate complex and
opaque commodity markets.
Headquartered in London with
over 1,400 staff, Argus is an independent media organisation with
30 offices in the world's principal commodity trading hubs.
Companies, trading firms and governments in 160 countries around
the world trust Argus data to make decisions, analyse situations,
manage risk, facilitate trading and for long-term planning. Argus
prices are used as trusted benchmarks around the world for pricing
transportation, commodities and energy.
Founded in 1970, Argus remains a privately held UK-registered
company owned by employee shareholders and global growth equity
firm General Atlantic.
Trademark notices
ARGUS, the ARGUS logo, ARGUS MEDIA, ARGUS DIRECT, ARGUS OPEN
MARKETS, AOM, FMB, DEWITT, JIM
JORDAN & ASSOCIATES, JJ&A, FUNDALYTICS, METAL-PAGES,
METALPRICES.COM, INTEGER, Argus publication titles and Argus index
names are trademarks of Argus Media Limited.
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SOURCE Argus Media