Methanol Market Report: Asia Import Update

Asian Methanol: Prices steady amid muted spot demand / Trading activity shifts to India / Sarawak Petchem’s 1.7 mil mt/year plant offline on technical glitch

Jun 07, 2026

Asian methanol prices ended the week stable amid thin spot demand, with requirements from end-users fulfilled by term volume, buyers and producers said. Much of Asia’s trading activity had shifted from Southeast Asia, China and South Korea to India, they added. CFR India methanol prices, which had been trading at $13- $23/mt discount to CFR China methanol prices in June and July, flipped to a premium from Aug. 1, after the US on July 30 sanctioned six Indian companies from trading Iranian chemicals. The spread between India and China hit a high of $71/mt on Aug. 29, but has since eased to around $54/mt in the week ended Sept. 26. In plant news, Malaysian methanol producer Sarawak Petchem’s 1.7 million mt/year plant in Bintulu went offline on Sept. 24 due...

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