India Methanol Import Market Analysis

India Methanol: Rises $2.50/mt on mixed fundamentals, thin trading / Ex-tank at Rupees 30.25-20.50/kg / Supply outlook uncertain for Oct / Indian importers grapple with changing trade terms

Jun 09, 2026

Spot discussions in India were thin in the week ended Sept. 12, but price discussions were heard in a wide range amid scattered market views. Domestic ex-tank discussions were rangebound at around Rupees 30.25-30.50/kg at Kandla, Mumbai and Hazira ports. There were a few active sellers from Mumbai port as inventories were limited, sources said. A 500-mt trade was heard concluded at Rupee 30.40/kg ex-tank Mumbai basis to an end-user, market sources shared. Import parity levels stood around $319-320/mt CFR India on Sept. 12. CFR discussions were thin as market participants remained unsure about the market trend moving into October. Hardly any bids and offers were heard Sept. 12 after some active bids and offers seen Sept. 10-11. A Middle East cargo was heard offered at $325/mt CFR India. Buying...

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