producers to dramatically reduce output and sell their produce to China at a knockdown price.....Methanol, the simplest alcohol, can be obtained from natural gas and has a variety of industrial uses. It's a chemical building block for plastics, paints and building materials and also widely used in the car industry and as a fuel....Methanol producers want to avoid closing plants completely as restarting them would be costly, however, some factories have already been partially shuttered." RT
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