26 November 2012 09:20 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Shanxi Coking has shut its 200,000 tonne/year methanol unit at Linfen in Shanxi province on 24 November because of technical issues, a company source said on Monday.
The company expects to restart the plant, which can produce 600 tonnes/day of methanol, in early December.
The company still has inventories for for sale, the source added.
According to the source, 70% of the company's methanol output goes to Henan, 20% to Hebei, and the remaining 10% to Shandong and the local market.
Methanol prices in Shanxi province in China were assessed at yuan (CNY) 2,380-2,600/tonne ($382-417/tonne) on 26 November, according to Chemease, an ICIS service in China.
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