18 June 2012 11:20 [Source: ICIS news]
SINGAPORE (ICIS)-- ?xml:namespace>
The plant was shut because of feedstock butylenes (C4) shortage, the source said.
The company plans to increase its BD price by yuan (CNY) 100/tonne ($16/tonne) to CNY16,300/tonne EXW (ex-works) on 19 July after the restart, the source added.
The restart is likely to increase BD supply in the domestic market for the rest of June, a market player said.
BD prices were assessed at CNY16,200-16,500/tonne in east
The company is a subsidiary of China National BlueStar which is located in the northern city of
($1 = CNY6.37)
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