01 December 2008 10:07 [Source: ICIS news]
SINGAPORE (ICIS news)--China's Sanming Chemical has restarted its 16,000 tonne/year melamine plant in southeastern Fujian province after a week-long turnaround in mid-November, a source close to the company said on Monday.
"We have restarted the operations and have settled a few spot trades," the source said.
The plant was put back on stream, running at 100% capacity despite the continued fall in melamine prices.
China melamine values declined about 25% to $1,150-1,270/tonne FOB (free on board) ?xml:namespace>
($1 = €0.79)
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