Asian Methanol Market Update | Live B2B Chemical Prices

Asian Methanol: Tighter supply expected in Feb; prices firm / China coastal stocks rise, non-sanctioned spot offers scarce / SE Asia faces plant turnarounds, South Korean market balanced

Jun 04, 2026

Asian methanol prices ended the week higher Jan. 9, driven by concerns over tighter supply in China and Southeast Asia heading into February. In China, coastal methanol inventories rose 2.73% week over week to 1.54 million mt Jan. 7, data from Longzhong Information Services showed. However, non-sanctioned spot offers remained scarce, traders said. Buying indications were heard at a 2%-2.5% premium over the ICIS Specific Origin China methanol price, reflecting limited availability as Middle Eastern and Southeast Asian producers diverted more spot cargoes to the Indian methanol market. Supply constraints are expected to intensify in February, with Iranian methanol cargoes likely to be limited after several Iranian companies, including Zagros Petrochemical and Kaveh Methanol, shut their methanol plants in December due to seasonal winter feedstock shortages. CFR China at $266/mt...

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