Global Methanol Prices Surge in Week of April 3 as Middle East Supply Crisis Deepens

Global methanol markets recorded sharp price increases during the week ending April x, xxxx, as the prolonged US-Israel war on Iran continued inflicting devastating damage on the world&#xx;s petrochemical supply chains. India&#xx;s Methanol Bulk Ex-Delhi/NCR surged +xx.xxx, China&#xx;s CFR Qingdao spiked +xx.xxx, and the US DEL Louisiana climbed +x.xxx from the previous week, underscoring the widening regional divergence in a market undergoing profound structural upheaval.

The root cause remained the near-total paralysis of the Strait of Hormuz, which serves as the lifeline of global methanol trade, accounting for approximately one-third of the world&#xx;s seaborne methanol shipments. An estimated xxx of global methanol capacity has been directly affected by the conflict, as the supply shock has dramatically escalated from transportation channel disruptions to substantial damage to production facilities themselves — a development far exceeding initial market expectations.

Qatar&#xx;s refineries have suspended methanol production since...