25 June 2012 04:12 [Source: ICIS news]
The company may have limited quantities for export in July and August ahead of the turnaround, the source said.
Idemitsu typically exports 1,000 tonnes of MEK per month.
Traders do not expect the turnaround to have any impact on regional prices because of weak demand in markets in
The sharp fall in upstream naphtha prices last week dampened sentiment further, traders said.
“Buyers are unwilling to buy bulk cargoes now because they are afraid that feedstock costs may drop further,” a northeast Asian trader said.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|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