27 May 2009 05:00 [Source: ICIS news]
The company operates two acetic acid production lines with a total capacity of 550,000 tonnes/year at Wujing, ?xml:namespace>
“We will shut the lines one after another from mid June instead of July,” the official said in Mandarin.
Current operating rates were reported at 80%.
The producer said it had raised its offers to CNY3,000/tonne ($437/tonne) ex-tank this week, up CNY100/tonne citing supply concerns.
($1 = CNY6.86)
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