OilChem: Conflicts lift methanol prices, but impressive profits seen

Source: Mysteel Mar 11, 2026 11:24

MTO industry profits were much higher recently, as gains in olefin products were higher than those in feedstock methanol under the background of geopolitical risks.

MTO(Methanol to Olefins) producers enjoyed impressive profits in the past days of the month. The geopolitical risks in the Middle East drove up methanol prices, but gains in prices of olefin products such as ethylene and propylene were higher. On March 10, the calculated profits of MTO enterprises in East