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Chempricehub Key Reminder: Analysis of the Operational Status of Iran's Methanol Plants
Published on 2026-02-04
February 4th News — Summary of Methanol Plant Operations in Iran as of February 4th: One of Iran ZPC's 1.65 million tons/year methanol units has been restarted and is currently operating at low capacity; the other 1.65 million tons/year unit remains shut down. Iran Sabalan's 1.65 million tons/year methanol unit remains shut down. Iran Kimiya's 1.65 million tons/year methanol unit remains shut down. Iran Bushehr's 1.65 million tons/year methanol unit is operating normally. Chempricehub's Analysis on Methanol: Bull-Bear Score: 1.5 The article highlights the operational status of methanol plants in Iran: one of ZPC's 1.65 million tons/year units has restarted but is running at low capacity, while the other 1.65 million tons/year unit remains shut down. Sabalan and Kimiya's respective 1.65 million tons/year units are also shut down. Bushehr's unit is operating normally. Net supply has decreased (shutdown capacity totals 4.95 million tons/year), leading to a tight supply situation that is bullish for methanol spot prices. Combined with methanol futures data (Contract 2701): Yesterday's settlement price was 2,329 yuan/ton, down 24 yuan. Open interest stood at 581 lots, with a change of -1 lot. The news of supply tightness may reverse the downward trend and push futures prices higher, indicating short-term bullish sentiment.