16 August 2011 03:55 [Source: ICIS news]
SINGAPORE (ICIS)--CPC Corp's 500,000 tonne/year No 5 cracker in ?xml:namespace>
The cracker was shut on 10 August for turnaround that is expected to last 40-45 days, the source said.
CPC is looking at buying spot ethylene cargoes for first-half September arrival, but no offers have emerged so far, he said.
Ethylene daily spot prices were assessed stable at $1,160-1,200/tonne (€800-828/tonne) CFR (cost and freight) NE (northeast) Asia on 15 August.
($1 = €0.69)
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