European methanol hits record as Mider-Helm extends force majeure

摘要

London-European methanol prices hit a record high October 30 on tight global supplies as Mider-Helm extended its declaration of force majeure to November 9.Spot prices have surged Eur94.50/mt since Mider-Helm declared force majeure on October 12 at its 650,000 mt/year methanol plant at Leuna,Germany,following a leakage in the plant's heat exchange unit,the company said.