30 May 2012 04:14 [Source: ICIS news]
SINGAPORE (ICIS)--China key oxo-alochols producer Jilin Petrochemical has shut its 120,000 tonne/year n-butanol (NBA) plant and a 120,000 tonne/year 2-ethylhexanol (2-EH) plant in Jilin province on 28 May for scheduled maintenance, a company source said on Wednesday .
The producer plans to restart the two plants around 24 June, the source said.
The shutdown of the plant is likely to cause the prices to become stable-to-firm as it will tighten NBA and 2-EH supply in the domestic market, a market player said.
Prices of NBA and 2-EH in the domestic market have been on a decline on weak downstream demand, another market player said.
Spot prices of NBA in east ?xml:namespace>
Prices of 2-EH in east
($1 = CNY6.35)
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