Chemical Updates

India Methanol: Price rises on week amid bullish fundamentals, tight supply / Importers hesitant to buy forward amid price volatility / China re-export offers for H1 August emerge at $510-$520/mt CFR India / Buyers curtail purchases amid high input costs

Jul 25, 2026

India’s methanol prices surged $58.50/mt in the week ended July 24, as shipping disruptions in the Middle East tightened supply and escalating tensions between the US and Iran clouded the near-term pricing outlook. CFR India methanol at $516/mt on July 24, up 50 cents/mt on day and up $58.50/mt on week, as trade discussions remained thin with buyers holding back amid volatility, market sources said. India’s domestic ex-tank offers eased by Rupee 1/kg on day to around Rupees 56-57/kg across all ports as importers booked profits, a Mumbai-based trader said. Forward offers for arrivals within Aug. 10-20 were heard around Rupees 54/kg, while arrivals within Aug. 20-31 were offered at Rupees 53.50-54.00/kg from Kandla and Mumbai ports. “There are lower replacement offers available from China now, so August arrival offers...

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