27 November 2012 02:05 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Inner Mongolia Yidong Group Dongxing Chemical has delayed the start-up of its 320,000 tonne/year caustic soda plant in Inner Mongolia to December from mid-November, a company source said on Tuesday.
The start-up was delayed because of the heavy snow, according to the source.
Further details of the start-up were not immediately available, and the company has yet to make any offers of caustic soda, the source added.
Spot caustic soda prices in north China were assessed at yuan (CNY) 1,850-2,050/tonne ($267-329/tonne) for 32% liquid membrane caustic soda, CNY2,150-2,350/tonne for 48% liquid membrane caustic soda and CNY2,600-2,700/tonne for 99% solid caustic soda on 26 November, according to Chemease, an ICIS service in China.
($1 = CNY6.23)
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