30 November 2011 03:35 [Source: ICIS news]
SINGAPORE (ICIS)--Methanex has nominated its December Asian posted contract price (APCP) for methanol at $470/tonne (€353/tonne) CFR (cost and freight) Asia, unchanged for the fifth straight month, the company said on Wednesday.
Methanex uses the APCP as a benchmark for its contracts in ?xml:namespace>
Korean buyers said that the final contract price was fair as the demand-supply situation is largely stable.
Methanex posted its independent European Posted Contract Price for the fourth quarter at €320/tonne ($427/tonne) free on board (FOB)
($1 = €0.75)
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