25% tariffs on imports of US Methanol will not be any major issue

Published on August 8, 2018

China has recently threatened to impose 25% tariffs on imports of Methanol from the US. According to sources there will not be any major issue  with the tariffs on US methanol. “The current import [volume] from the US is small and for the most part, the supply chain can adjust, with US exports going to other countries, which in turn will displace some cargoes to China," the trader added. China imports more than half of its imported Methanol from Middle East. SO the impact of higher tariffs on US Methanol will have less impact on its pricing.


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