For the week ending xx January xxxx, the Asian methanol price trend was mixed: prices mostly rose in Northeast Asia, but they were flat or decreased elsewhere. The sentiment in the market was鈥俠ullish as the CFR China market experienced rises attributed to tightening supply fundamentals and the pattern of regional trade.
In China, the methanol prices have risen by x.xx compared to last week, and this is pushing the market in鈥倀he Asian region. Buyers and traders said supplies of both sanctioned and non-sanctioned methanol cargoes to鈥俠e delivered in February were scarce. Producers of methanol in Iran, which supplies significant amounts to China, typically go offline in the winter months as a result鈥俹f gas shortages. It is believed that Iran is currently operating at only xxx of its methanol capacity, with more than xxx of its production capacity being鈥俵eft to lie idle due...
