During July 24-30, 2026, prices across China's methanol industry chain showed mixed movements. Methanol prices recorded a sharper decline, while downstream product prices fluctuated. Thermal coal prices remained firm amid tight supply, providing solid cost-side support for methanol.Port methanol inventories continued to rise as imported cargoes arrived. Meanwhile, easing geopolitical tensions weakened market sentiment, prompting a rapid decline in domestic methanol prices.More olefin units entered maintenance during the week, leading to a marked reduction in methanol demand. Lower inventories and reduced consignment shipments in Northwest China provided limited support and were insufficient to offset the weakness in downstream demand.