ChemPriceHub Key Alert: Significant Import Shortfall in Methanol Supports Strong Price Momentum

Chempricehub, November 11 – Iran’s exports have remained persistently low. In the first nine months of the year, domestic imports in China fell by 37.5% year-on-year. Methanol imports totaled 6.039 million tonnes from January to September, compared with 9.66 million tonnes in the same period last year. Arrivals in October are estimated at only 400,000–470,000 tonnes, significantly below the typical monthly range of 800,000–1.2 million tonnes. This import shortfall has supported the earlier sharp price surge and continued destocking at ports, with inventory levels at East China ports once dropping to near five-year lows (Source: Sina Finance).