US spot methanol prices fell on Tuesday

US spot methanol prices fell 1.5 cents/gal on Tuesday. September spot sellers offer at 121-122 cents/gallon FOB US Gulf, buyers are willing to bid at 117-118 cents/gallon FOB US Gulf; October spot negotiations at 119-124 cents/gallon FOB US Gulf . The 3-30 day price is assessed at 120.5 cents/gallon FOB US Gulf. Tropical Storm landed in central and southern Louisiana on Saturday, market sources said in St. Rose, Louisiana, which has several suppliers of inventory, has not been affected. Raw natural gas, New York Mercantile Exchange's ** contract fell 6.6 cents to close at 3.938 US dollars / MMMBtu.