20 December 2011 08:45 [Source: ICIS news]
It plans to send 5,000 tonnes of Group I cargoes to
The company, which is a subsidiary of PetroChina, halted exports in October and November, partly because of poor demand from southeast Asia, said the source.
December is usually the off-peak season for base oil demand in
Dalian Petrochemical can avoid cutting base oil prices in the domestic Chinese market if it can export more volumes, to ease the company’s inventory pressure, the company source said.
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