Chinese methanol futures rebounded sharply again as port inventories remained at low levels. Analysts cite high domestic plant utilization offset by falling downstream demand, weak eastern China MTO (methanol-to-olefins) plant operations, and typhoon-related delays in foreign vessel unloading.
Traders also weigh Middle East and US-Iran negotiation prospects and the strait transit situation.
Methanol is a feedstock for MTO and a chemical input with limited direct feed relevance; the rebound reflects tight Chinese port stocks that may limit downside, while expected November import and domestic supply increases could cap gains. Feed buyers have little direct exposure, but energy-linked price moves may spill over into related chemical and fuel markets.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.