ChemPriceHub Key Reminder: Iran Methanol Plant Shutdown Impacts Supply

Methanol Plant Operations in Iran Region as of January 4th:

• ZPC: Both units (1.65 million tons/year each) remain shut down.
• Marjan: 1.65 million tons/year plant remains shut down.
• Bushehr: 1.65 million tons/year plant is operating normally.
• Kimiya: 1.65 million tons/year plant remains shut down.
• Sabalan: 1.65 million tons/year plant remains shut down.

PriceSeek Analysis on Methanol
Bull-Bear Score: +1.5

The report indicates multiple large-scale methanol plants in Iran are shut down, including ZPC (3.3 million tons/year), Marjan (1.65 million tons/year), Kimiya (1.65 million tons/year), and Sabalan (1.65 million tons/year), totaling 8.25 million tons/year of capacity offline. Only the Bushehr plant (1.65 million tons/year) is operating normally.

This results in a significant reduction of approximately 83% in global methanol supply, expected to exacerbate tightness in the spot market and drive prices upward. The score of +1.5 (strongly bullish) reflects the scale of supply disruptions concentrated in a major producing country, likely triggering short-term buying surges and upward price pressure.