Methanex, the world’s largest producer of Methanol, has reduced its nomination for July Methanol Asian Contract Price to $ 410/tonne, $20/tonne less than June’s level.
North American July contract price nomination was reduced $50 to $ 482/tonne.
European third quarter contract price nomination was also reduced EUR 90 to EUR 322/tone.
Monthly selling price set by Methanex is used as a guide to the rest of Methanol producing companies and for spot market.
|
Methanex’s ACP for Methanol |
|||
|
Change from previous month |
Nomination Price ($/ton) |
Month |
|
|
+40 |
590 |
January 2014 |
|
|
-- |
590 |
February |
|
|
-- |
590 |
March |
|
|
(110) |
480 |
April |
|
|
(20) |
460 |
May |
|
|
(30) |
430 |
June |
|
|
(20) |
410 |
July |
|
The Saudi Companies SABIC, SIPCHEM and Chemanol in addition to Qatar industries Company are the largest producers of Methanol in Asia.
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