28 September 2012 19:47 [Source: ICIS news]
Southern Chemical Corp (SCC) pushed the range higher with its posting of 133 cents/gal, up from 130 cents/gal for September. Methanex stayed with 132 cents/gal, the same as its previous monthly posting.
Methanex and SCC typically set the monthly contract range. The average of the October range, 132.5 cents/gal, is 1.5 cents/gal higher than in September.
SCC is the North American marketing arm for Methanol Holdings (Trinidad) Limited (MHTL), which has five methanol plants in Trinidad.
Two of MHTL’s plants - the 580,000 tonne/year M4 and the 1.9m tonne/year M5000 unit - went down for maintenance earlier in September to coincide with natural gas curtailments.
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