Methanex settles lower

June 2007
ICIS Chemical Business;6/25/2007, Vol. 2 Issue 72, p45
Trade Publication
The article reports that Methanex Corp. has posted a contract price for methanol at $293/tonne with a free on board (FOB) term in Rotterdam, Netherlands. It was believed that a lower price would not be good for the methanol market because it could encourage producers to cut their operating rates. It has been reported that buyers had been aiming for a settlement below $293/tonne, while producers opposed any number below $293/tonne.


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