Southern Chemical repeats 162 cents/gal for US July methanol

25 June 2013 20:55  [Source: ICIS news]

HOUSTON (ICIS)--US July methanol contracts appeared set to roll over on Tuesday as Southern Chemical Corp (SCC) repeated its previous monthly posting of 162 cents/gal (€1.23/gal).

Methanex has not posted its July price yet. The Canada-based producer issued 160 cents/gal for June.

US July methanol contracts have shown a tendency to roll over in July during the past five years. Methanex has rolled its June posting into July three times, and SCC four times.

SCC and Methanex historically have set monthly methanol contracts with their postings.

($1 = €0.76)

By: Lane Kelley
+1 713 525 2653

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