01 November 2012 02:26 [Source: ICIS news]
“If the orders do not come in and the market conditions remain weak, we will consider cutting the operating rate of the SBR plant to 80% of capacity in November,” the source said.
SBR prices have declined because of weak demand. In the week ended 31 October, non-oil grade 1502 SBR prices fell by $50/tonne (€39/tonne) from the previous week to $2,400-2,500/tonne CFR (cost & freight) northeast (NE) Asia, according to ICIS data.
($1 = €0.77)
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