US methanol imports drop by 4% in August on less from Trinidad

28 October 2013 19:22  [Source: ICIS news]

HOUSTON (ICIS)--US methanol imports in August dropped by 4% on fewer shipments from Trinidad, according to data released on Monday from the US International Trade Commission.

The drop in imports from Trinidad accounted for all of the overall decline and then some. US imports from the Caribbean country fell nearly 6% to 319,202 tonnes in August compared with 338,826 tonnes in the same month a year earlier.

The island off the coast of Venezuela remained by far the top exporter to the US, accounting for 74% of US imports in August.

Venezuela remained the second-largest source of US imports, shipping 70,208 tonnes in August, up from 53,507 tonnes in the same month last year. The South American country accounted for 16% of US imports in August.

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

US methanol imports in August 2013, in tonnes:

AUG 2013

AUG 2012

YTD 2013

YTD 2012

YTD % chg

432,526

451,100

3.698m

3.572m

3.5%

Source: US International Trade Commission (USITC)

Reported in liters; one tonne methanol = 1,250 liters


By: Lane Kelley
+1 713 525 2653



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