29 August 2013 20:31 [Source: ICIS news]
HOUSTON (ICIS)--Methanex rolled its monthly contract price on Thursday, posting 160 cents/gal for September for the fifth straight month.
SCC issued 162 cents/gal in August, putting the average monthly contract price at 161 cents/gal. The September average is 159.5. Methanex and SCC historically have set the US monthly contract range with their postings.
Industry participants this week expected a rollover of the August contracts, at 160-162 cents/gal, because of fairly stagnant spot prices.
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