China methanol market shifts into a buyer's market

Source: Mysteel Jun 18, 2026 11:30

Eased US-Iran tensions will boost methanol imports; ample domestic output and feeble downstream demand push China's methanol into a sustained buyer's market.

Easing US-Iran tensions lift China methanol imports via smoother Strait of Hormuz shipping. Ample domestic supply and collapsing downstream demand create an oversupplied, buyer-dominated market. China Methanol Operating Rates, Inventories & Orders (Unit: %, '000 tonnes) Source: OilChem Domestic methanol runs steadily at a weekly operating rate of 90%-91%, with restarted units

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