02 July 2012 04:51 [Source: ICIS news]
Offers are now at CNY1,450-1,600/tonne EXW (ex-works) for liquid sulphur and at CNY1,470-1,720/tonne EXW for solid sulphur, the source said.
The price cut applies to Sinopec’s refineries in Qilu,
The company's Puguang gas field has also reduced its sulphur offers by CNY20/tonne to CNY1,550/tonne for cargoes delivered at Wanzhou port, and those delivered by truck from
“Little activity was seen in the market as downstream producers showed weak buying interest and traders adopted a wait-and-see attitude,” an industry source said.
Offers for imported granules were at around CNY1,580/tonne at
($1 = CNY 6.31)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections