20 June 2012 11:04 [Source: ICIS news]
The company will keep the plant shut for 10 days, the official added.
The reduction in methanol supply in the domestic market may increase Inner Mongolia spot prices, a market player said.
Methanol spot prices for Inner Mongolia on 20 June are stable at yuan (CNY) 2,180–2,200/tonne ($343–346/tonne), compared with 18 June, according to Chemease, an ICIS service in China.
The methanol plant is in Erdos in Inner Mongolia province, north China.
Jiutai Energy Inner Mongolia is a subsidiary of Jiutai Energy Company Limited.
($1 = CNY6.36)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections