- Chinese domestic prices fall Yuan 6-8/mt. CFR China
stable- CFR India Basis Price Talks
Muted





Asian methanol prices were little affected
on March 14, as market participants took a wait-and see stance amid volatile
crude oil markets. Asia's steam cracker production is
expected to rise with rising naphtha supply. The CFR
Northeast Asian Ethylene price remained steady at $960-980/mt. March 14, with
offers mostly heard around Rs 27.25 to Rs 27.50/kg at Kandla port. According to
market sources, offers at the Mumbai port were heard for Rupee 28.25/kg. Sources say
that cargo arrivals at Mumbai's Kandla or Mumbai ports in March have been
limited. Sources say that the India domestic ex tank
Kandla price was Rupee 27.40/kg. This was down Rupee 0.25/kg from the previous
day. CFR trade was quiet March 14. An importer
stated that April-loading cargoes from...