ChemPriceHub Key Alert: Iran's Gas Restriction Cuts Methanol Supply, Driving Price Rebound

Recently, due to winter gas restrictions in Iran, eight methanol production lines (with an annual capacity of 13.85 million tons) have been shut down, resulting in an operating rate of less than 20% and a significant decline in January shipment volumes. This has become a core positive factor driving the rebound in domestic methanol prices. PriceSeek's analysis of methanol indicates a bullish-bearish score of 2. The winter gas restrictions in Iran have led to the shutdown of eight methanol production lines (13.85 million tons/year), with an operating rate below 20% and a sharp drop in January shipment volumes, causing a global methanol supply shortage and serving as a key driver for the rebound in domestic spot prices. The reduction in supply is expected to push up spot prices, with significant short-term gains anticipated. Combined with methanol futures data, the methanol MA contracts on the Zhengzhou Commodity Exchange (e.g., the 2605 contract closing at 2,352 yuan/ton, up 12 yuan) have generally risen. The active trading volume of the main contract (1,389,874 lots) and high open interest (815,097 lots) indicate market expectations of a supply shortage, with futures prices strongly supported and a bullish outlook for future trends.