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Chempricehub Alert: Decrease in Methanol Imports from Iran Eases Supply Pressure
Published on 2026-02-24
February 24th News: Iran's methanol plant operating rates remain low, with February imports projected at 600,000–650,000 tons, showing a slight contraction compared to January, thereby alleviating supply pressure in coastal regions. Chempricehub's analysis of methanol assigns a bullish-bearish score of 1. As a major source of methanol imports for China, Iran's reduced plant operating rates are expected to lower February imports to 600,000–650,000 tons, marking a slight decline from January. This supply reduction has eased oversupply pressure in coastal areas, providing support for spot methanol prices. Considering the latest methanol futures market trends, the settlement price of the main contract MA2605 stands at 2,218 yuan/ton (as of February 13, 2026). Although recent prices have shown a downward fluctuation, the anticipated supply reduction may boost market sentiment among bulls, favoring a short-term upward trend in futures prices.