US November methanol imports rise almost 2% year on year

14 January 2013 20:52  [Source: ICIS news]

HOUSTON (ICIS)--US methanol imports in November rose by 1.9% year on year because of greater shipments from Africa and Canada, according to data released on Monday by the US International Trade Commission (ITC).

US methanol imports totalled 498.49m litres, compared with 489.25m litres in the same month of 2011.

Imports from Trinidad & Tobago, the largest source, declined by 4.9% in November to 331.95m litres, compared with 348.94m litres in the same month of 2011.

The island country off the coast of Venezuela accounted for 67% of all US imports.

Converting litres to metric tonnes, Trinidad exported 265,560 tonnes to the US in November, according to the ITC data, down by 4.9% from 279,153 tonnes in the same month a year earlier.

In the first 11 months of 2011, US methanol imports from Trinidad declined by 9.1%, stemming from the longstanding natural gas curtailments that have reduced methanol production there.

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



By: Lane Kelley
+1 713 525 2653



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