31 March 2011 03:17 [Source: ICIS news]
SINGAPORE (ICIS)--Methanex has nominated its methanol Asian posted contract price (APCP) for April at $395/tonne (€280/tonne) CFR (cost & freight) Asia, a decrease of $25/tonne from March, the company said on Thursday.
The APCP is the benchmark for Methanex’s contracts in South Korea and Japan, where importers buy on negotiated formulas based on this figure.
($1 = €0.71)
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