Methanol Price Trends & Forecast | Monthly, Quarterly, Yearly Data (2024-2025)
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Introduction
Methanol is an important chemical used across various industries, ranging from formaldehyde production and fuel blending to adhesives, paints, and plastics. Because it is a key input in both petrochemical and energy sectors, even minor shifts in methanol prices can significantly affect manufacturing costs and downstream pricing.
In this blog, we provide a detailed breakdown of methanol price today, past monthly data, and future forecasts to help buyers, traders, and bulk consumers make smarter purchase decisions in 2024 and 2025.
Key Highlights
- Current Price (Latest Update): Rs 30/kg
- Price Change (Last Quarter): -9.09%
- Forecast for Next Quarter: Likely to remain stable or rise slightly because of increased demand
Historical Price Trends
Methanol Price Chart (Historical Data)
| Month | Price (Rs./kg) | Change (%) | Remarks |
| Apr 2025 | 30 | -10.45% | Weak downstream demand (especially from pharmaceuticals and formaldehyde makers), increased vessel arrivals from Iran and Malaysia, and declining methanol futures |
| Mar 2025 | 33.5 | +8.06% | Unplanned shutdowns at methanol plants in Iran and Malaysia, and speculative buying by traders anticipating further hikes |
| Feb 2025 | 31 | -6.06% | Sluggish demand from key sectors like bulk drugs and formaldehyde continued; correction followed January’s speculative buildup as futures declined. |
| Jan 2025 | 33 | -1.49% | Supply improved with more imports arriving from Iran; weak demand continued |
| Dec 2024 | 33.5 | +32.67% | Major price surge driven by Iranian supply disruptions, weak rupee increasing import costs, and inventory buildup amid fears of long-term shortages. |
| Nov 2024 | 25.25 | -3.81% | High port inventories and soft demand; early speculation on Middle East supply issues had limited immediate impact due to existing stock levels. |
Price Forecast
Methanol Price Forecast for 2025
- Q2 2025 Forecast: Prices are expected to remain stable because of steady supply flows from the US and the Middle East and modest downstream demand. Natural gas prices, a key methanol feedstock, have hit a two-year-high, which could influence production costs. Government infrastructure projects and rising fuel blend mandates may trigger a moderate increase in methanol prices.
- Q3 2025 Forecast: The methanol market in Q3 2025 is expected to remain relatively stable, with regional price variations because of local supply-demand conditions and feedstock costs. Seasonal consumption in fuel applications could push prices higher. However, global supply stability will be key. While new capacity expansions are anticipated, particularly in the Middle East and Asia, the growth in supply may be offset by operational challenges and feedstock constraints, potentially supporting price stability.
- Q4 2025 Forecast: Limited price volatility expected. With festive and export-driven demand likely to peak, methanol rates may remain firm during this time. However, global supply stability will be key. Natural gas and coal prices, being primary feedstocks for methanol production, will continue to influence production costs and, later, methanol prices. Changes in environmental regulations or tariffs, particularly in major producing or consuming countries, could impact trade flows and pricing structures.
- 2025 Outlook: Because of these factors, methanol prices are projected to remain within the current range, with potential for slight increases depending on regional supply-demand balances and feedstock costs. Global demand is expected to grow from 79.2 million metric tons in 2024 to 99.8 million metric tons by 2030, at a CAGR of 3.9%.
Regional Price Trends
Methanol Price in Mumbai, Kandla (2025)
| Region | Price (Rs./kg) | Trend (Last Quarter) |
| Kandla | 30 | Falling |
| Mumbai | 30.5 | Falling |
Factors Influencing Price
Key Drivers Affecting Methanol Prices
- Feedstock Costs: Natural gas and coal, used in methanol production, impact price levels depending on global energy trends.
- Import Dependency: India imports a big share of its methanol. Any disruption in supply routes or geopolitical tensions can cause rapid price changes.
- Fuel Blend Mandates: With government policies promoting methanol blending in fuels, demand can spike seasonally.
- Chemical Industry Demand: A large portion of methanol is used in formaldehyde and acetic acid production. Any rise in this sector pushes methanol price today upwards.
- Global Market Movements: Prices in the Middle East and China heavily influence domestic methanol rates, especially during tight supply cycles.
Conclusion
The methanol rate remains sensitive to both domestic developments and global market fluctuations. While prices are currently stable with minor short-term corrections, upcoming quarters may witness upward momentum due to increased demand from energy and chemical sectors.
With Nexizo, you can track methanol price today in real-time, access historical price charts, and forecast future trends with data-backed insights. Whether you’re a trader, buyer, or procurement planner, staying informed about methanol prices can help you lock better deals and manage your cost risks more efficiently.
Start monitoring methanol trends with Nexizo and make data-driven sourcing decisions—before the market shifts.
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