NewsFlashSouthern Chem rolls methanol contract

28 August 2008 20:13  [Source: ICIS news]

HOUSTON (ICIS news)--Southern Chemical on Thursday nominated its September North American contract price for methanol at 155 cents/gal ($523/tonne, €356/tonne) FOB USG.

The Houston, Texas-based methanol producer effectively rolled its FOB (free on board) USG (US Gulf) FOB (free on board) price from August. SCC contract prices have not changed in four months.

Earlier on Thursday, Vancouver-based Methanex also rolled its September methanol contract price at 158 cents/gal ($526/tonne or €359/tonne). Spot prices for methanol were at 145-150 cents/gal ($483-500/tonne or €328-340/tonne) FOB USG, according to global chemical market intelligence service ICIS pricing.

For more on methanol visit ICIS chemicals intelligence
To discuss issues facing the chemical industry go to ICIS connect

($1 = €0.68)

By: Steven McGinn
+1 713 525 2653

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