Methanex ups December methanol APCP by $15/tonne

30 November 2010 03:50  [Source: ICIS news]

SINGAPORE (ICIS)--Methanex has nominated its methanol Asian posted contract price (APCP) for December at $460/tonne (€350/tonne), which represents a $15/tonne increase from the previous month's contract, the company said on Tuesday.

This was Methanex's fourth consecutive monthly increase in contract prices amid tight supply.

However, buyers said cargoes would usually work out to be at around the same value as publication values, after taking into account the discounts from the listed price.

($1 = €0.76)

For more on methanol, visit ICIS chemical intelligence
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By: Heng Hui
+65 6780 4359

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