News Code : 43175

Last Iran exporting methanol to china indicated 270$/Mt as CFR, by producers.

Last Iran exporting methanol to china indicated 270$/Mt as CFR, by producers.

Petrotahlil :Also exporting methanol to india reports around 255-260$/Mt, prospects considering US & china trading war and stopping many MTO units( Production of olefin from methanol) in China indicates a drop in methanol prices. this is while that  export of iranian methanol producers to South Korea & Japan has been stopped. in South Korea, methanol rate reported around 285$/Mt as CFR.

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