Zagross startup adds to bearish methanol

Agarwal, Anu
April 2007
ICIS Chemical Business;4/23/2007, Vol. 2 Issue 63, p32
Trade Publication
The article reports on the additional downward pressure on Indian methanol prices brought about by an increased supply from the Zagross facility in Iran. Prices went down at the start of the 2007 from an improved supply from other Middle Eastern producers, following a period of sustained tightness in the second half of 2006. Additionally, the second quarter is traditionally the weak demand season so some traders say they expect the weakness to continue in the short term.


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