Methanol supply problems in Europe as US prices attract product
Journal Article
·
· Chemical Week
OSTI ID:482428
Healthy U.S. demand for methanol has caused supply problems in Europe, with high prices in the U.S. attracting Russian and Libyan product traditionally bound for Europe. Last week, U.S. spot prices broke the $0.60/gallon barrier. In response, deals in Europe have been made at about DM380/m.t. fob for early May-up DM40/m.t. from the previous month. But prices are still too low to attract imports-even in Brazil and Southeast Asia there are substantially higher prices than in Europe.
- OSTI ID:
- 482428
- Journal Information:
- Chemical Week, Journal Name: Chemical Week Journal Issue: 19 Vol. 154; ISSN CHWKA9; ISSN 0009-272X
- Country of Publication:
- United States
- Language:
- English
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