India Methanol: Prices fall on week as prompt Middle East supplies emerge / H1 October Middle East arrivals ease near-term supply concerns / Thin buying interest, active selling weighs on spot market / Narrower CFR India-China spread closes arbitrage

Sep 26, 2026

Indian methanol prices eased in the week ended Sept. 25, bucking firmer trends elsewhere in Asia, as improved visibility of October supplies from traditional Middle East suppliers and active selling weighed on spot prices. CFR India methanol at $549/mt Sept. 25, down $9/mt day over day and $29/mt week over week, for delivery over Oct. 15-Nov. 9. Spot trading remained thin, with market participants privately negotiating some early- to first-half October arrival cargoes. Several market participants said at least two vessels that had managed to pass through the Strait of Hormuz were likely to arrive in the first half of October, potentially keeping near-term supply balanced to healthy. Market participants also discussed a ship carrying at least 63,500 mt of methanol from the Middle East, expected to arrive in the...

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