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Insights on Methanol Price Movement View all
Methanol prices gained value almost by 3.7 per cent on Monday in tandem with strengthened Asian petrochemical markets led by strong Chinese futures amid bullish demand outlook which seems returning to normal levels as the nation gets a better hold over the coronavirus spread. Methanol prices in India have surged almost by 17.5% on QoQ basis owing to higher sales volumes as activity picks up in this month. Ex-Depot Mumbai Methanol Daily Bulk prices were assessed at INR 21000 per MT while week-on-week variation remained almost muted on the week ending 16th October.