Chinese 2-EH makers cut domestic list prices by CNY300/tonne

18 May 2012 10:53  [Source: ICIS news]

SINGAPORE (ICIS)--Three Chinese 2-ethylhexanol (2-EH) makers have reduced their domestic list prices by yuan (CNY) 300/tonne ($48/tonne) on Friday, taking into account falling prices of feedstock propylene, as well as falling demand, market sources said.

Effective 18 May, the 2-EH list prices of Qilu Petrochemical and Tianjin Soda are at CNY11,700-11,800/tonne ex-tank, while Shandong Lihuayi's list prices for the product are at CNY11,700-11,900/tonne, they said.

Additional reporting by Phoebe Lu

($1 = CNY6.32)

By: Su Yeen Cheong
+65 6780 4359

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