30 July 2010 04:06 [Source: ICIS news]
The contract price, on a cost and freight (CFR) ?xml:namespace>
The roll-over represents Methanex’s view of stable demand-supply fundamentals that lead to steady pricing, the source said.
The APCP is the benchmark for Methanex’s contracts in
A number of Korean buyers said contractual prices after discounts might be in line with spot prices of methanol. Spot prices were up by $5/tonne at $245-255/tonne CFR Korea on last Friday, according to data from ICIS.
Methanol cargoes in
Methanex earlier nominated North American May methanol contracts at 105 cents/gal ($349/tonne, €253/tonne), a rollover from July.
($1 = €0.76)
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