Methanol closed at Rs 55.00/kg in Mumbai after declining Rs 0.50/kg from the previous week. Indian Methanol prices have also fallen Rs 3.00/kg over the past fortnight, moving down from Rs 58.00/kg. The short-term movement shows a softer market compared with recent levels, although the current price remains well above several longer-period reference points.
Over three months, Methanol has increased by Rs 7.50/kg from Rs 47.50/kg. The six-month comparison shows a larger rise of Rs 14.50/kg from Rs 40.50/kg. Methanol prices in India are therefore trading above both the three-month and six-month benchmarks despite the latest weekly and fortnightly declines. The current Rs 55.00/kg level also remains below the year’s peak of Rs 79.00/kg, providing important context for buyers assessing recent volatility.
Support is identified around Rs 55.00/kg, while resistance is placed near Rs 58.00/kg. These levels frame the latest trading range and allow procurement teams to compare the current market with the recent high. Indian Methanol prices continue to reflect a combination of near-term easing and stronger longer-term appreciation, making weekly and historical comparisons particularly relevant for purchasing assessments. Methanol, Methanol Prices, Weekly Decline, Fortnightly Decline, Three Month Gain, Six Month Gain
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New Delhi, Marketing, Indian Methanol Prices
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