14 September 2010 11:38 [Source: ICIS news]
The two IPA units are currently operating at full capacity, the source said.
IPA prices have been on an uptrend due to limited supplies and lower operating rates at other plants in the region, according to sources.
Regional supply of the material was likely to worsen due to LG's upcoming turnaround at its plants in Yeosu, they said.
Spot prices were assessed $50-75/tonne (€39-59/tonne) firmer for the week ended 10 September at $1,175-1,200/tonne CFR (cost and freight) NE (northeast) Asia and up $20-50/tonne to $1,100-1,150/tonne CFR SE (southeast)
($1 = €0.78)
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