06 April 2011 12:18 [Source: ICIS news]
The planned maintenance is expected to begin on 7 May and last for three to four weeks, the source said.
The producer has been carefully managing inventories to ensure supply during the shutdown period, the source added.
SAN demand is currently very strong and above previous forecasts due to the high cost of alternative plastics, such as polymethyl methacrylate (PMMA) and polycarbonates (PC). As a result, customers buying those products have been switching to SAN, causing severe shortages in the market.
Despite the €80–95/tonne ($114–136/tonne) reduction in prices of the feedstock styrene, several market players said they are concerned that SAN contract prices in April could rise.
ICIS assessed March compounding-grade SAN prices at €2,030-2,050/tonne FD (free delivered) NWE (northwest Europe).
($1 = €0.70)
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