INDIA DATA: India diversifies methanol supply as sanctions hit Iranian imports

India explored new methanol supply sources in 2025 after the US sanctions targeted several Indian importers suspected of trading Iranian petrochemical products, latest customs data release by the Indian government showed. Indian methanol imports rose 13.5% year over year to nearly 3.4 million metric tons over 2025, the data showed. An overall increase in imports was largely driven by an expectedIndia explored new methanol supply sources in 2025 after the US sanctions targeted several Indian importers suspected of trading Iranian petrochemical products, latest customs data release by the Indian government showed. Indian methanol imports rose 13.5% year over year to nearly 3.4 million metric tons over 2025, the data showed. An overall increase in imports was largely driven by an expectedRead More