Iran’s Fanavaran Petrochem offers 15,000 tonnes methanol to China

21 July 2014 00:00 Source:ICIS News

SINGAPORE (ICIS)--Iran’s Fanavaran Petrochemical has issued a tender to sell 15,000 tonnes of methanol for first-half August loading to customers in China, a market source said on Monday.

The tender was issued on 20 July and bids have to be submitted by 23 July.

The payment terms are on 20% advance payment and the remaining on cash at discharge terms, the source added.

By Fahima Khail