US October methanol imports rise almost 17% year on year
12 December 2011 20:20 [Source: ICIS news]
HOUSTON (ICIS)--US methanol imports rose by almost 17% in October to 637.01m litres compared with 545.8m litres in the same month of 2010, according to data from the US International Trade Commission (ITC) obtained on Monday.
The three top exporters to the US – Trinidad and Tobago, Venezuela and Equatorial Guinea – accounted for much of the gain, shipping 591.4m litres to the US in October, compared with 524.04m litres in the same month of 2010.
The three countries shipped almost 93% of all US methanol imports.
Canada also showed a big gain in methanol shipments to the US, sending 16.79m litres compared with only 268,915 litres in October 2010. The Canadian increase comes from a plant Methanex restarted in Medicine Hat, Alberta, in April.
US methanol sellers include Methanex, BP, SABIC and Southern Chemical.
For more about methanol visit ICIS chemical intelligence
By: Lane Kelley
+1 713 525 2653
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
| ICIS news FREE TRIAL |
| Get access to breaking chemical news as it happens. |
| ICIS Global Petrochemical Index (IPEX) |
| ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index |
Related Articles
- 26 Jan 12 20:47 Trinidad natural gas curtailment should end in Q2 – Methanex
- 02 Jan 12 22:00 OUTLOOK '12: China to continue driving US methanol market
- 29 Dec 11 16:35 Methanex drops North America methanol contract price by 4 cents
- 16 Dec 11 21:32 Trinidad M2 methanol unit down for a week because of cutback
- 30 Nov 11 21:58 Trinidad natgas cutback to extend at least until mid-January
- 10 Nov 11 22:05 US methanol imports rise 16% in September year on year
- 02 Nov 11 21:28 US spot barge methanol prices drop 4% on sinking demand
- 21 Oct 11 22:44 Natgas cutback in Trinidad to continue – methanol sources
- 12 Aug 11 18:42 US methanol imports rise by 5% in the first half of 2011
Latest News
- 19 Jun 13 05:00 China’s Shandong Xinfa Chemical restarts two PVC lines
- 19 Jun 13 04:57 Taiwan's CPC to run Kaohsiung No 5 cracker at 85% for rest of June
- 19 Jun 13 04:28 Japan's chemical exports grow 17% in May
- 19 Jun 13 04:03 Asia ABS prices firmer on buoyant styrene costs
- 18 Jun 13 23:59 Europe June SAN contracts settle at a rollover to slight rise