In April, methanol imports supply is expected to increase to around 629,400 tons, an increase of 204,500 tons compared to the previous month.

There have been few significant changes in the core logic affecting the methanol market recently. The main focus continues to be on global supply issues caused by straits blockade due to geopolitical conflicts, while secondary focus is on marginal changes in methanol itself in the background. Currently, goods from the major regions in the Middle East can still pass through the straits with some support, with a total of 220,800 tons of methanol goods shipped in March and possibly 80,000 tons in early April. In non-Iranian areas, there will be a slight increase in goods arriving in April, expected to decline again to a low point in May. According to an integrated estimation by Longzhong data, methanol import supply in April may rise to around 629,400 tons, an increase of 204,500 tons compared to March.