29 October 2009 16:33 [Source: ICIS news]
The announcement puts the company’s contract price at 101 cents/gal ($336/tonne, €228/tonne), up from 93 cents/gal in October.
A US Gulf coast (USG) buyer was somewhat surprised by the hike.
“I expected they'd stay below Methanex,” the buyer said.
Canadian producer Methanex nominated its November contract price at 100 cents/gal on 28 October.
($1 = €0.68)
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