20 July 2012 05:16 [Source: ICIS news]
The plant located at Ningxia Autonomous Region – was shut on 15 June, the source said.
The unit has two lines – a 200,000 tonne/year unit and a 300,000 tonne/year unit – that mainly produce PP yarn. The shutdown caused some tightness in domestic supply, fuelling a spike in PP yarn prices.
PP yarn prices were assessed at yuan (CNY) 10,900-11,100/tonne ($1,711-1,743/tonne) ex-tank in eastern
($1 = CNY6.37)
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