Asian Methanol Market Supply Shock

Asian Methanol: Prices rise $48-$78/mt WOW amid supply disruptions / Supply tightens in Southeast Asia, South Korea / 28,000 mt of methanol, 7 trades conclude for SE Asia / Middle East conflict disrupts trade routes, freight rates rise

Jun 03, 2026

Asian methanol prices rose by $48-$78/metric ton week over week on March 6, due to disruptions in maritime trade amid the Middle East conflict. Supply in Southeast Asia and South Korea was heard to be tight for March and April. Traders and producers reported a spike in spot inquiries from end-users in Southeast Asia. A record seven trades were reported on March 6. Two sellers sold a combined total of 28,000 mt of methanol at $400-$410/mt to Singapore, Batam, Gresik, Bangkok, Dumai, Map Ta Phut, on a CFR basis. “These are for term customers ... this is not spot demand,” said a seller. In South Korea, fundamentals turned bullish amid concerns of limited supply from the Atlantic and high freight rates, which have elevated since the US attacked Iran on...

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