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.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections