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
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