09 May 2012 10:45 [Source: ICIS news]
Northeast, north and northwest
However, the end-user demand in
Bitumen price in the north of the Yangtze River has been relatively stable in the past month at CNY4,880-5,100/tonne ($773-808/tonne) largely because of stocking demand, which is now nearly over.
Northeast and northwest China are predicted to supply 278,000 tonnes and 110,000 tonnes respectively in May, which are drops of 24% and 37% month on month.
This is because of plant maintenances and production cuts, ICIS C1 data showed.
($1 = CNY6.31)
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