31 July 2012 04:41 [Source: ICIS news]
Offers are now at CNY1,510-1,610/tonne EXW (ex-works) for liquid sulphur and at CNY1,510-1,680/tonne EXW for solid sulphur, the source said.
The price increase applies to Sinopec’s refineries in Yangzi, Anqing, Jinling,
Sinopec’s Puguang gas field has also raised its offers for sulphur by CNY30/tonne to CNY1,580/tonne for cargoes ex-Wanzhou port, while offers for cargoes for land transport were increased by CNY40/tonne to CNY1,520/tonne EXW (ex works), the source said.
“Declining port inventories and firmer prices from Middle Eastern producers boosted market sentiment, and more enquiries appeared as a result,” an industry source said.
Offers for imported granules rose to CNY1,560-1,570/tonne at
($1 = CNY6.38)
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