Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

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To: David E. Smith who wrote (2509)	9/8/1998 10:44:00 PM
From: Urlman	Read Replies (1) of 5827

All I look forward to paying 32 cents per gallon for Methanol! It sure beats today prices for gasoline (i'm sure even in tommorow's dollars)! >>>According to industry consultants, Chemical Market Associates Inc. (CMAI), US Gulf net transaction pricing for barges was $108 per tonne (or 32.4 cents per gallon) during the month of July 1998. As of August 28, 1998, CMAI lists US Gulf Coast spot pricing for barges at $105 per tonne (or 31.5 cents per gallon). In Europe, the third quarter 1998 contract list price FOB Rotterdam was established at 205 DM per tonne. This represented a price of approximately $115 per tonne (or 34.5 cents per gallon) at the time quarterly pricing was established. As of August 28, 1998, CMAI quoted spot pricing in the Asia/Pacific region at between $92 and $105 per tonne (or 27.6 cents and 31.5 cents per gallon) depending on location. Methanex's average realized price for 1997 was $187 per tonne compared with $149 per tonne (45.0 cents per gallon) in 1996.<<< SOURCE: methanex.com

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