India Methanol: Prices rise tracking higher bids; limited spot offers / Buyers adopt wait-and-watch stance on imports / CFR India methanol rises to $551/mt

Oct 12, 2026

Spot discussions in the Indian methanol market remained thin on Oct. 9, amid limited trading and CFR offers. In India’s domestic market, Kandla, Hazira and Mumbai ex-tank offers were heard at 56-57 rupees/kg, up almost 1 rupee/kg day over day. “Domestic prices have risen by 2-3 rupees/kg in the last few days, we were selling at under cost previously,” said a Mumbaibased importer. The India domestic methanol ex-tank Kandla price for 0-15 days forward delivery was assessed at 55.95 rupees/kg, up 0.95 rupees/kg day over day, below the lowest corroborated offer heard at 56 rupees/kg. “Some trades at early morning were done at Rupees 56.50/ kg, however, we are not offering at Rupees 57/kg,” said another Mumbai- based trader. “Domestic demand is slow; we are only buying what on a...

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