Methanol Futures in China Reach Multi Week High on Pre Holiday Activity

Industrial Demand Resilience

Demand from the MTO sector in China remains remarkably resilient. High operating rates at major facilities are absorbing surplus domestic supply, lifting prices even as broader global energy benchmarks face downward pressure from oversupply.

Supply Chain Outlook

While Iranian protests cause concern, the consensus among traders is that new capacity coming online in the Middle East later this year will cap rallies. For now, the ¥2,250 level is acting as a firm resistance point for the front-month contract.