Methanol in Europe again rose in price

Quotations of spot parties of methanol in Northwest Europe (SZE) reached 325 — 341€/t (fob Rotterdam) against 307 — 320€/t (fob Rotterdam) week earlier in the conditions of the lowered offer and demand strengthening. Methyl alcohol in the region rises in price the second week in a row. The methanol offer in Europe was reduced because of carrying out repairs, and also decrease in loading of manufacturing plants. So, the enterprise in Delfzijl (Netherlands) companies the 950 thousand tons/year BioMCN reduced development products because of the high prices of natural gas in Europe. By estimates of traders, methanol stocks in Rotterdam...