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Domestic methanol futures closed up 3.26% at 3,266 yuan per tonne on November 13, with prices following Middle East geopolitical swings. Analysts said Iranian import volumes will stay low and port inventories are expected to move sideways.
Methanol feeds into MTO plants and formaldehyde and MTBE chains, not core feed ingredients, so the link to feed-grain prices is indirect. Low Iranian supply tightens import availability and supports domestic chemical prices.
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.