On Monday, the spot price of methanol in the United States temporarily stabilized at an estimated price of 128 cents / gallon FOB United States. Market fundamentals expected tight continuation of the situation.

The 1.3 million ton / year methanol unit in Pasadena, Texas, may be overhauled in February, and no exact news is available yet. Based on tight supply outlook for the market , the recent buying interest in the market is good, it is learned that in February, the market will be 129-135 cents / gallon. In the international market, the price of Asian market rose 3 to 418 US dollars / tonne CFR China, the price of European market rose 2 to 425.85 US dollars / tonne FOB Rotterdam.

Source:www.chem365.com

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