There were tight supply conditions in the market for prompt cargoes, due to planned and unplanned shutdowns of methanol plants. Downstream buyers were worried because of shortage of product in the market, which supported the price rise.
Methanol prices were stable in the first half of September in the region, whereas prices increased by 0 to 1% in the second half of the same month. Since then prices have showed an upward trend and went up by 1%, 2%, 6% and 3% w-o-w in the first, second, third and fourth week respectively, in the month of October.
Click here to receive latest issue of ChemTrend Report.
Fibre2fashion News Desk - India
Apparel/Garments | On 25th Jun 2017
Adobe has released its first Digital Price Index for apparels,...
Textiles | On 25th Jun 2017
First Insight, a technology company transforming how retailers make...
Textrade International Ltd
We believe in vocational education for entry-level employees, offering...
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016
'Major problem in the textile machinery manufacturing industry is the lack ...
Bridalwear is not about reds and whites anymore
The Indian market has huge potential in technical textiles, and by far,...
Voith Paper GmbH & Co. KG
The glass mat industry is growing by five to eight per cent annually. Kai...
Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...
Gildan Activewear SRL
Gildan Activewear, a manufacturer and marketer of branded clothing and...
<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...
Bani Batra’s couture wedding collection is inspired by traditional Indian...
Textiles | On 24th Jun 2017