21 April 2011 11:39 [Source: ICIS news]
It was shut on 29 March for a scheduled maintenance.
“The maintenance took longer than expected,” the company source said.
Meanwhile, its 660,000 tonne/year PML 1 was not running well, the source added.
“Sometimes it’s up, sometimes it’s down,” he said.
Market players said they expected spot supply to be limited due to the turnaround in southeast Asia.
Bids were heard at $345/tonne (€238/tonne) CFR (cost & freight) southeast Asia today. This is about $5/tonne higher than last week, according to market players.
Other regional methanol producers include
($1 = €0.69)
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