05 May 2008 12:52 [Source: ICIS news]
SHANGHAI (ICIS news)--Domestic linear low density polyethylene (LLDPE) supply in north China is expected to tighten from mid-May until the end of June because of turnarounds at local majors and production switches, market players said on Monday.
LLDPE production is expected to drop around 48,000tonnes during this period, a trader in north ?xml:namespace>
Major LLDPE producer Jilin Petrochemical in
And Sinopec subsidiary Zhongyuan Petrochemical has a planned maintenance shutdown at its 200,000 tonne/year LLDPE plant starting on 1 June for 35 days.
While PetroChina’s Daqing Petrochemical switched its 85,000tonne/year LLDPE facility in
Meanwhile, Lanzhou Petrochemical’s 60,000tonne/year LLDPE unit will be producing high density PE (HDPE) injection grade during May so the company will only have its 300,000tonne/year LLDPE/HDPE swing plant in
Another producer, PetroChina’s Dushangzi Petrochemical will use LLDPE produced from its 120,000tonne/year line for local supply in Xinjiang province.
“Domestic LLDPE prices are currently at CNY 13,900-14,100/tonne ($1,986-2,014/tonne) in north
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|