Home / Knowledge / News / Textiles / Methanex cuts methanol prices for North America
Methanex cuts methanol prices for North America
03
Nov '15
Methanex, the world's largest producer and supplier of methanol to major international markets, has reduced its regional November contract price for North America region, according to the new price posted on the company website.
 
For the North American region, Methanex has announced its non-discounted reference price for November 1-30 at $ 1.05/Gal or $349/mt (converted to $/mt using a conversion rate of 332.6 Gal per mt) compared to October's price of $1.10/Gal or $366/mt.
 
For the Asia-Pacific region, Methanex kept its Asian posted contract price for November 1-30 at $305/mt, same as the price for last month's contracts.
 
For the European region, the posted contract price for October 1 – December 31, 2015 was earlier announced at €295/mt.
 
Methanol, also known as methyl alcohol, is a clear liquid chemical that is water soluble and readily biodegradable. It is used to produce other chemical derivatives, which in turn are used to produce everyday products, including polyester, foams and resins. (RKS)
 

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search