China methanol faces downside risk on rising imports, weaker demand

Source: Mysteel Oct 12, 2026 14:41

China's methanol market faces growing downside risk as higher November non-Iranian imports coincide with weaker olefin demand and likely coastal plant shutdowns, pointing to inventory builds.

Scarce methanol imports previously lifted domestic prices. Elevated costs squeezed olefin producers into cutting purchases, sending spot prices tumbling. Meanwhile, China will see substantially more non-Iranian methanol cargoes in November. Higher incoming supply amid softer downstream buying raises methanol's downside risks. Asian methanol markets posted sharp regional divergence in late

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