19 September 2012 09:40 [Source: ICIS news]
SINGAPORE (ICIS)--Shanxi Yangmei Fengxi Fertilizer Industry plans to raise the operating rate of its new 70,000 tonne/year adipic acid (ADA) plant in Yuncheng, Shanxi province, from the previous week’s 50-60%, a company source said on Wednesday.
“We are planning to raise the plant’s operating rate this week, but we will not be able to increase the rate to 100% capacity because the feedstock benzene prices are too high,” the source said.
However, the source declined to disclose the new ?xml:namespace>
Trial runs were conducted at the new
In the Chinese domestic market, major producers have raised their listed prices from yuan (CNY) 11,000/tonne ($1,741) to CNY11,800/tonne, because of increasing feedstock prices during the week.
Domestic benzene prices were at CNY9,850-9,900/tonne ex-tank east
A producer was heard to increase its benzene prices by CNY300/tonne to CNY9,800/tonne in east
($1 = CNY6.32)
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