China’s Shandong Jinling Group shuts caustic soda plant on 10 Oct

10 October 2012 09:41  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Shandong Jinling Group has shut its 600,000 dry metric tonne (dmt)/year caustic soda plant in Shandong province for maintenance on 10 October, a company source said on Wednesday.

The turnaround will last 10 days and the caustic soda plant was running at full capacity before it was shut, the source added.

The Chinese producer has a total production capacity of 800,000dmt/year of caustic soda at the same site. It will continue operating its 200,000dmt/year caustic soda plant at the same site at full capacity, the company source said. 

Shandong Jinling Group is offering 32% liquid membrane caustic soda at yuan (CNY) 2,500/tonne ($397/tonne), 48% liquid membrane caustic soda at CNY2,583/tonne and chlorine at CNY600/tonne as of 10 October, according to Chemease, an ICIS service in China.

Trade in the Shandong market has been subdued since September. Prices of caustic soda in the domestic market declined from mid-September, in line with reduced offers from local producers following persistently firm chlorine prices, traders said.

The prices of chlorine are expected to remain firm, because of the shutdown of the 600,000dmt/year caustic soda plant, according to local producers.

Shandong Jinling Group is the largest producer of caustic soda in Shandong.

By: Staice Zuo
+65 6780 4359

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