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)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections