29 June 2012 07:47 [Source: ICIS news]
The company did not specify the reason for the increase.
“It may partly because of the rising SBR price in the domestic market,” a market player said.
Domestic SBR prices were at yuan (CNY) 19,500-20,300/tonne ($3,066-3,192/tonne) for non-oil grade 1502 and CNY17,000-17,200/tonne for oil-extended grade 1712 on 29 June, up by CNY100-500/tonne and CNY400-700/tonne respectively from 21 June, according to Chemease, an ICIS service in
Hangzhou Zhechen Rubber is the first privately run SBR plant in
($1 = CNY6.36)
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