30 April 2009 04:42 [Source: ICIS news]
Korean buyers had anticipated the roll over and said the APCP was reasonable with spot prices close to contract numbers after discounts. Spot prices were reported at around $210/tonne cost and freight (CFR) Korea last Friday.
These buyers said the current demand-supply situation in ?xml:namespace>
The second quarter Methanex European posted contract price (MEPCP) for methanol was €146.50/tonne ($195/tonne), down €12.50/tonne from the first quarter.
APCP is the benchmark for methanol contracts in
($1 = €0.75)
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