China’s Kailin Group runs DAP facility at 50% of capacity
24 May 2012 06:31 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>China’s Kailin Group has been running its 2.64m tonne/year diammonium phosphate (DAP) plant in Guizhou province at half its capacity since 16 May as maintenance works are being conducted, a company source said on Thursday.
“The company plans to resume [to full production] on May 28,” the source said.
Kailin Group is the second biggest DAP producer in China.
But China’s domestic demand for DAP is currently weak. Spot prices of 64% DAP were assessed at CNY3,150-3,240/tonne ($498-512/tonne) in China's southwest market on 23 May, down by CNY20-30/tonne from a month ago, according to Chemease, an ICIS service in China.
($1 = CNY6.33)By: Jody Pond
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