Methanol posts a modest weekly rise
Methanol has posted a modest weekly increase, breaking out slightly from the largely sideways trading seen through most of December. The latest movement reflects a mild firming rather than a change in overall market structure.
In the most recent assessment, Indian Methanol prices closed at Rs 27.50/kg, up Rs 1.00/kg from the prior week. The rise follows a period of steady pricing, with daily movements remaining limited. On a fortnight basis, prices are higher by Rs 1.50/kg, while the month-on-month comparison shows a gain of Rs 2.00/kg, confirming gradual improvement rather than abrupt adjustment.
During December, Methanol traded mostly within a defined range of Rs 25.50/kg to Rs 28.00/kg. The latest close sits near the upper end of this band, close to levels tested earlier in the month. Looking further back, prices are broadly stable compared with three months ago, suggesting the recent increase has not materially shifted the broader trend. On a year-on-year comparison, current levels remain lower than early January last year, keeping the overall tone measured. Volatility through the past quarter has remained muted, supporting predictable procurement planning. For buyers following Methanol prices in India, current conditions continue to be guided by clear range markers, while Indian Methanol prices stay supported by defined levels. Support is seen near Rs 26.00/kg, with resistance around Rs 28.00/kg, Methanol Prices, Methanol Market, Petrochemical Industry, Chemical Prices, Weekly Price Rise, Commodity Trends, Supply Demand, Global Chemicals, Energy Chemicals, Market Update.
Read the full verified update on IndianPetrochem.com.
