25 July 2012 06:53 [Source: ICIS news]
Its upstream 600,000 tonne/year acetic acid plant at the same site will also be taken off line at around the same time, with the turnaround expected to last for about 15 days, the source said.
The company is currently offering etac at yuan (CNY) 6,000/tonne ($939/tonne) EXW (ex-works), the source said.
Spot etac prices were assessed at CNY5,850-5,950/tonne
Ample supply and weak demand caused prices to fall, a market player said.
($1 = CNY 6.39)
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