Methanol contract price raised to €340/t

EU embargo will lead to a marked reduction in imports from Iran

The methanol contract price for deliveries in the second quarter was raised to €340/t FOB Rotterdam on 22 March 2012, after unexpectedly short negotiations. One manufacturer and a major buyer had agreed on that price as early as 21 March. Other manufacturers and buyers followed that price line on 22 March, which ...

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