15 March 2012 06:39 [Source: ICIS news]
The source did not give details of the upstream plant.
In addition, Dagu Chemical has decided to cancel its contract supply and suspend spot sales in April, according to the source.
The company will reduce its traditional SM supply to eastern and southern
As a result of the shutdown, some downstream producers will be actively stocking up on SM cargoes, said a market player.
North China SM prices are expected to be boosted by the reduced supply and recovered demand from the downstream EPS sector, the player added.
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