Month 1 fob ITC
Overview
The Month 1 fob ITC price assessment is the benchmark spot price for the conventional methanol market. Assessed daily, it is the physical price for barges traded at the Intercontinental Terminal on the Houston Ship Channel.
Price assessment details
What are the advantages of this price assessment?
The price provides liquidity and transparency in the US Gulf coast methanol spot market.
Who uses this price assessment?
Buyers, sellers, producers, consumers, traders and distributors will use this number in the established, traditional methanol market.
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