Asia methanol at 3.5-month highs; shrugs off new Iran capacity

Asia’s methanol prices have hit their highest level in three-and-a-half months partly on tight inventories at ports in the key China market, with players largely shrugging off a huge capacity that started up in Iran. In India, methanol import prices declined from end-July due to poor domestic demand amid the monsoon season, while supply was ample coming from three Iranian producers. Prices
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