Methanol Daily Price Outlook: August 25

Methanol market sentiments remained mixed throughout Southeast Asia in the week starting August 24. Players anticipate that ample inventories amid bearish sentiments would continue to pressure the outlook for Southeast Asian Methanol in September and October. A Middle East producer was heard to export a large volume of Methanol to an Indian consumer operating in the pharmaceutical sector as mentioned by a trade source. Methanol prices Ex-Depot Mumbai were assessed at USD 365.68 per tonne on Tuesday, unchanged day-on-day.