26 April 2010 10:39 [Source: ICIS news]
"We will ramp up to 100% operation as soon as possible as our inventory is relatively low," the official said.
The plant was taken off line on 6 April for a scheduled turnaround, the official added.
Mitsui Chemicals decided not to sell its lone 1,000-tonne cargo available for the spot market this month, as its offer price of $1,280-1,300/tonne (€960-975/tonne) CFR (cost and freight) China failed to entice buying interest, he said.IPA spot prices in Asia were negotiated at $1,220-1,260/tonne CFR China on 23 April, according to global chemical market intelligence service ICIS pricing.
($1 = €0.75)
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