Chemical Updates

India Methanol / Port stocks rise on cargo arrivals / Local demand falls on higher price levels / Prices up $39/mt WOW on reignited / India Methanol Daily Rationale

Jul 18, 2026

Middle East conflict India’s methanol prices inched lower July 17, following a continuous rally in the week starting July 13, as buyers resisted high prices and held back purchases. CFR India methanol at $457.50/metric ton July 17, down $2.50/mt from the previous day but up $39/mt week over week, as market participants sought to book prompt and H1 August supplies amid an escalated Middle East conflict and persistent disruptions to shipping through the Strait of Hormuz, market sources said. India’s domestic ex-tank offers remained softer day over day, with Kandla, Hazira and Mumbai offers lower by at least Rupees 2-2.50/kg in the range of Rupees 51-52.50/kg. Port inventories rose on the back of consistent arrival of cargoes from the Middle East, with at least 40,900 mt at Kandla, 30,000 mt...

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