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Methanex announces regional methanol prices
01 Jul '15
1 min read
Methanex, the world’s largest producer and supplier of methanol to major international markets, has posted regional contract methanol prices for North America, Europe and Asian regions, on its website.
For the Asia-Pacific region, the Asian posted contract price for July 1-31 will be US$ 375/mt.
For the European region, Methanex kept its posted contract price for July 1-September 30 quarter at €365/mt, unchanged from the previous quarter.
For the North American region, Methanex has announced its non-discounted reference price for July 1-31 at $1.33/Gal or $442/mt (converted to $/mt using a conversion rate of 332.6 Gal per 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)
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