23 September 2008 17:29 [Source: ICIS news]
(adds paragraph 3-4)
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.
“Most of the market was aligned for that number,” Philippe Arendt, director of marketing and logistics at the Canada-based producer said.
Methanex based its decision to keep the price stable on energy values edging down, the increased strength of the US dollar and recent developments in ?xml:namespace>
“Demand is not as high as anticipated,” Arendt said, speaking about the situation in
The MEPCP, done on a free on board (FOB)
($1 = €0.68)
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