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Methanol prices pitched up in Asia

Methanol market has surged up in Asian subcontinent. Prices have become more firmer on back of rise in demand from MTO plants in China along with increase CFE China pricew. This in turn has led to rise in Methnaol prices in India. CFR India prices on Friday closing were assessed in the range of USD 260-280/MTS.

Prices in the domestic market of India were assessed around Prices were assessed around Rs.21/Kg for Kandla and Rs. 20.75 Mumbai port.