21 March 2011 09:14 [Source: ICIS news]
The turnaround is in line with the maintenance schedule of its upstream fertilizers plant, the official added.
Meanwhile, the local market remained supported by steady demand and limited supply following recent planned and unplanned outages at southeast Asia- and China-based acetic acid plants.
Indian domestic acetic acid prices hit Rupees (Rs)33-33.50/kg ($0.73-0.74/kg) (Rs33,000-33,500/tonne) ex-tank during the week ended Friday, following a Rs2/kg price hike, according to ICIS.
Buying ideas for April-delivery imports were mentioned higher at $570-590/tonne (€399-413/tonne) CFR (cost and freight) India, reflecting a hefty $60-80/tonne increase over early March levels.
Major acetic acid producers in
($1 = €0.70)
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