- India's healthy downstream demand- There is a lot of supply but little spot demand in
Southeast Asia.- Brunei Methanol will close the plant on Sep 15, for a
30-day maintenance





Methanol talks in India were mixed. Buyers
were heard discussing October arrival cargoes. Sources observed movement
in China markets. They expected CFR India discussions would remain rangebound
until adjacent markets move significantly. "We can see a balanced demand and supply situation. Domestic importers said that the demand was good. Sources indicated that October would see 15,000-mt Algerian
cargo arrive at $305-320/mt this week. "There
are delays loading from Iran. August allocation was delayed, and it was given
in September. A market source also stated
that September arrivals were quite low, which will have an impact on October. Formaldehyde producers regarded downstream demand as strong. A domestic acetic acid...