03 December 2012 04:32 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Sinopec Baling has shut its 60,000 tonne/year polybutadiene rubber (BR) plant at Yueyang, Hunan province on 30 November for maintenance, a company source said on Monday.
"We are going to shut the plant for about 15 days," the source said, adding that the company will also improve the quality of product during this shutdown.
Domestic BR prices in China had decreased by yuan (CNY) 2,700-2,800/tonne ($433-449/tonne) to CNY17,100-17,700/tonne EXWH (ex-warehouse) on 30 November from 1 November, according to Chemease, an ICIS service in China.
The shutdown will have little impact on the market because of the plant’s small capacity, a market player said.
($1 = CNY6.23)
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