05 August 2005 03:35 [Source: ICIS news]
The Taiwanese company cut rates at its 360,0000 tonne/year SM plant to 75% and the 88,000 tonne/year ABS plant to 80% from 1 Aug. The Kaohsiung plants were operating at full capacity before the cuts.
GPPC was unable to achieve the minimum spread of $200/tonne between SM and benzene, said the official.
"Based on benzene we bought in July at $820/tonne FOB
Due to sluggish demand, ABS prices are at $1,400-1,415/tonne CFR
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