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Methanex keeps December methanol prices unchanged
02
Dec '15
Methanex, the world's largest producer and supplier of methanol to major international markets, has kept its regional December contract price for North American and Asia-Pacific regions unchanged, according to the new price posted on the company website.
 
For the North American region, Methanex has announced its non-discounted reference price for December 1-31 at $ 1.05/Gal or $349/mt (converted to $/mt using a conversion rate of 332.6 Gal per mt) same as the November price.
 
For the Asia-Pacific region, Methanex kept its Asian posted contract price December 1-31 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

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