India Methanol: Prices fall on slow demand, weaker adjacent markets / Methanol CFR China at $445/mt / Buyers purchase only on need-to-buy basis / Methanol CFR India at $540/mt

Oct 17, 2026

Spot discussions in the Indian methanol market remained thin on Oct. 16, amid limited trading and limited CFR offers in the market. In India's domestic market, Kandla, Hazira and Mumbai ex-tank offers were heard at 55-55.50 rupees/kg, down 0.50 rupee/kg. The India domestic methanol ex-tank Kandla price for 0-15 days forward delivery was at 54.99 rupees/kg, down 0.50 rupee/kg day over day, below the lowest corroborated offer heard at 55 rupees/kg. “Domestic prices are falling and we expect them to remain rangebound for now,” said a Mumbai-based trader. “Methanol domestic prices are falling, however, we are still buying on a need-to-buy basis and not stocking up,” said an end user. In the import market, spot discussions remained thin with limited spot offers in the market. “We are not offering to...

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