Methanol Demand still buoyant according to Methanex Q2 '15 Investor Presentation:
Demand rebounded in Q2, with estimated YTD 2015 growth of approximately 3%
• Traditional chemical demand recovered in Q2 following Chinese New Year
• MTO / MTP continued to lead demand growth. With three plants completed during Q2, there are now 10 completed plants in China with the capacity to consume almost 10 million tonnes of methanol.
• Expect an additional 6 plants in China with capacity to consume almost 9 million tonnes by mid 2016
https://www.methanex.com/investor-relations
Seems from the above that Methanol demand will continue to be strong.
Very quiet on the MEO announcement front - is this a sign of the new normal or is a deal being structured? Q2 Activity Statement was very dour. Pressure to deliver MEO Management.
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