NewsFlashMethanex rolls over Q4 MEPCP

23 September 2008 17:06  [Source: ICIS news]

LONDON (ICIS news)--The fourth-quarter Methanex European posted contract price (MEPCP) has been rolled over at €295/tonne ($434/tonne) with two of its customers, according to a Methanex company source on Tuesday.

“Most of the market was aligned for that number,” Philippe Arendt, director of marketing and logistics at the Canadian producer said.

The MEPCP, settled on a free on board (FOB) Rotterdam basis, follows an earlier European contract price agreement between Helm and two of its consumers at the same price.

($1 = €0.68)

By: Caroline Howard
+44 20 8652 3214

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