US March methanol imports rise 2% year on year

10 May 2012 20:19  [Source: ICIS news]

HOUSTON (ICIS)--US methanol imports in March rose by 2% year to year on a big jump in cargoes from its largest supplier, Trinidad and Tobago, according to data released on Friday by the US International Trade Commission (ITC).

US methanol imports totalled 662.94m litres, compared with 651.099m litres in the same month of 2011.

Shipments from the top exporter to the US – Trinidad and Tobago – rose almost 19% to 490.29m litres compared with 413.09m litres in March 2011.

The island country off the coast of Venezuela accounted for 74% of US imports in March.

So far this year, US methanol imports from Trinidad have declined about 4%, reflecting the ongoing natural gas curtailment in that country that has reduced methanol production.

US methanol sellers include Methanex, BP, SABIC and Southern Chemical.

By: Lane Kelley
+1 713 525 2653

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