Methanex Corp., the world’s largest producer and supplier of methanol, has raised its Asian contract price (ACP) by $25 to $310 per tonne for November.
The company also upped the price on North American contracts for November by $26 to $319 per tonne.
The monthly prices issued by the Canadian firm are considered as an indicative price for other players, as well as for the spot market.
Saudi Basic Industries Corp. (SABIC), Saudi International Petrochemical Co. (Sipchem), Saudi-based Methanol Chemicals Co. (Chemanol), and Qatar Industries (QI) are also among the top methanol producers.
|
(Methanol)- ACP Nominations |
||
|
Month |
Sale price (USD per MT) |
Month-on-month change (USD) |
|
January 2016 |
275 |
( 30 ) |
|
February |
255 |
( 20 ) |
|
March |
255 |
-- |
|
April |
265 |
+ 10 |
|
May |
265 |
-- |
|
June |
275 |
+ 10 |
|
July |
275 |
-- |
|
August |
275 |
-- |
|
September |
275 |
-- |
|
October |
285 |
+ 10 |
|
November |
310 |
+ 25 |
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