12 December 2012 02:33 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s TSRC may consider running its 100,000 tonne/year styrene butadiene rubber (SBR) plant in Kaohsiung, Taiwan, at 80% of capacity in January 2013 unless market conditions improve, a company source said on Wednesday.
The plant has been operating at this reduced rate in November and December.
Abundant supply and weak demand have been depressing SBR prices in recent months.
Non-oil grade 1502 SBR prices were assessed at $2,150-2,250/tonne (€1,656-1,733/tonne) CIF (cost, insurance and freight) China in the week ended 5 December, down by $250/tonne since 31 October, according to ICIS data.
($1 = €0.77)
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