US Sanctions Disrupt Asian Methanol Hub

Asian Methanol: Chinese prices soften amid continued slow demand / CFR China down $3/mt on week / US Treasury sanctions eight Indian petrochemical companies

Jun 07, 2026

Chinese methanol prices softened in the week to Oct 10, amid continued sluggish demand after the Golden Week holidays. CFR China methanol down $2/mt on day and down $3/mt on week Oct 10. Meanwhile East China methanol was up Yuan 3/mt on day and down Yuan 31/mt on week over the same period. Demand-supply fundamentals held largely stable day over day, said trading sources. In related market news, the US Treasury Department Oct. 9 added eight major Indian petrochemical trading companies to its list of individuals, entities and vessels sanctioned for trading Iranian petroleum and petrochemicals, reported. According to a statement from the Treasury, “These designations encompass some of the largest purchasers of Iranian petrochemical products in terms of both volume and value, along with the leadership of the companies...

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