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METHANEX announced its Europe and North America prices for the month of March 2018

Canada based Methanex has reduced its North American posted methanol contract price for March by 3 cents to 149 cents/gal ($469/mt) FOB USG, the company said late Friday.

Prices posted for the region of Europe around Euro 380/MT, remained unchanged for this month. Methanex ranks as the world's largest methanol producer by capacity. SCC serves as the US distributor for Methanol Holdings Trinidad, the largest producer in the Americas at 4.1 million mt/year.