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Insights on Methanol Price Movement View all
Methanol Prices in Southeast Asia edged high on 4 August as several manufacturers in eastern region reduced their plant operating rates due to prevailing demand uncertainties over several downstream commodities. However, overall Methanol consumption in the domestic market remained strong under its consistent demand from end-use industries like pharmaceuticals and chemicals. With traders offering the imported cargoes at an elevated rate due to the tight supply fundamentals, domestic prices of Methanol traced an upward trajectory from INR 26000 to INR 27000 per MT Ex-Depot Mumbai.