14 June 2012 03:34 [Source: ICIS news]
“We cut the operating rate earlier this week by 20% because of low price and low demand,” the source said.
If market conditions fail to improve, the plant may continue running at the reduced capacity through July, the source added.
In the week ended 8 June, ACN prices were at $1,700-1,800/tonne (€1,360-1,440/tonne) CFR (cost and freight) northeast (NE)
($1 = €0.80)
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