NewsFlashMethanex raises December Asia methanol APCP by $30/tonne
27 November 2009 05:55 [Source: ICIS news]
SINGAPORE (ICIS news)--Methanex has increased its December methanol Asian posted contract price (APCP) by $30/tonne (€20/tonne) from November levels, the company said on Friday.
The December APCP was settled at $330/tonne CFR (cost and freight) Asia.
APCP is the benchmark for Methanex’s contracts in South Korea and Japan, where large importers buy on negotiated formulas based on this number.
($1 = €0.67)
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By: Heng Hui
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