17 April 2009 03:51 [Source: ICIS news]
SINGAPORE (ICIS news)--China's Karamay Petrochemical has delayed the restart of the 200,000 tonne/year natural gas-based methanol unit in Xinjiang to June from end of April, sources close to the company said on Friday.
No reason was given for the delay but market players said it could be due to lacklustre demand from downstream converters.
Chinese methanol prices were assessed at $225-245/tonne (€171-186/tonne) CFR (cost and freight) ?xml:namespace>
Other methanol producers in
Sam Liang from CBI contributed to this article
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