The Methanol Price Trend in India recorded a strong increase during Q2 2026, with methanol above 99% purity on an Ex-Ahmedabad basis rising by approximately 67.64% compared with the previous quarter.
The sharp increase was mainly supported by strong domestic demand and healthy industrial consumption across major downstream sectors. The market remained firm throughout the quarter as buyers continued to procure methanol to maintain regular production and inventory levels.
The Indian methanol market experienced a significant upward movement during the second quarter of 2026. Methanol prices for material with purity above 99% on an Ex-Ahmedabad basis increased by around 67.64% compared with the previous quarter.
This was a substantial increase and made India one of the stronger-performing methanol markets during the period. The main support came from firm domestic demand rather than a sudden decline in consumption.
Methanol is used across a wide range of industries, so its demand is connected to several different manufacturing activities. When industrial production remains active, buyers need to maintain regular supplies of methanol for their operations.
During Q2 2026, this demand remained healthy and helped suppliers maintain firmer price levels.
The main factor behind the increase in Methanol Prices was strong domestic demand.
Indian industries continued to purchase methanol at healthy levels during Q2. Buyers required sufficient material to support ongoing manufacturing activity, which kept procurement requirements firm.
When demand remains strong, suppliers generally have less pressure to reduce their offers. Buyers may also prefer to secure material regularly rather than wait for prices to fall, particularly when production schedules depend on consistent raw material availability.
This combination of steady consumption and active procurement helped push the Methanol Price Trend in India higher during the quarter.
Industrial demand played a central role in the Q2 2026 methanol market.
Methanol is an important chemical feedstock and intermediate used in several industrial applications. Its consumption is therefore influenced by overall manufacturing activity.
When factories operate at healthy utilization rates, their requirement for chemical raw materials generally remains stable. This creates regular buying activity and supports market prices.
During Q2, industrial consumption remained healthy across key downstream sectors. This gave the Indian methanol market a strong demand base and helped sustain the price increase.
The broad nature of methanol consumption is also important. Demand does not depend on only one industry, so strength across several downstream applications can provide additional support to the market.
The Q2 2026 price movement was based on an Ex-Ahmedabad market basis for methanol with purity above 99%.