Methanol prices have decreased in Asian market on bearish demand sentiments. In China on upcoming Lunar New Year festival market is moving with soft velocity. This week CFR India and CFR China prices of Methanol were evaluated at the level of USD 359/mt and USD 386/mt in compare to last week prices have plunged by USD 8/mt and USD 6/mt respectively.
FOB Korea prices of methanol was evaluated at USD 399/mt, and South East Asia and Taiwan prices was assessed at the level of USD 387/mt and USD 395/mt.
