21 May 2012 10:02 [Source: ICIS news]
The company shut the plant on 14 April because of feedstock butylenes (C4) shortage.
The restart of the plant is likely to increase BD supply in the domestic market in May, a market player said.
Sinopec sold BD at yuan (CNY) 19,000/tonne ($3,002/tonne) EXW (ex-works) on 21 May, down by CNY7,000/tonne from 14 April, according to Chemease, an ICIS service in
BD prices may continue to fall because of weak demand from the downstream butadiene rubber (BR) and styrene butadiene rubber (SBR) sectors, an industry source said.
($1 = CNY6.33)
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