05 March 2012 05:27 [Source: ICIS news]
“We cannot absorb the high feedstock BD costs. We are currently running at 70% of capacity and will shut from 15 March to 28 March,” the source said.
BD prices have raced ahead of BR prices in recent weeks, wiping out the margins of BR producers.
In the month of February, feedstock BD prices averaged $3,800/tonne (€2,888/tonne) CFR (cost and freight) NE (northeast)
BR prices have to be about $600-700/tonne higher than the feedstock BD prices for BR producers to have any margins, industry sources said.
($1 = €0.76)
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