28 October 2009 18:02 [Source: ICIS news]
HOUSTON (ICIS news)--Global methanol producer Methanex on Wednesday posted its North American November methanol contract price nomination at 100 cents/gal ($333/tonne, €226/tonne), a 5-cent gain from its October rate.
The contract hike was not unexpected, according to market sources.
Spot rates stood at 90-95 cents/gal FOB (free on board) USG (US Gulf), according to data from global chemical market intelligence service ICIS pricing.
($1 = €0.68)
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