14 December 2012 09:33 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Inner Mongolia Yihua Chemical Industry restarted its 380,000 tonne/year polyvinyl chloride (PVC) plant in Inner Mongolia on 14 Dec, a company source said on Friday.
“The plant was shut down for regular maintenance, and it lasted for five days,” the source said. “Before the maintenance, the operation rate was at around 80% capacity.”
The company’s carbide-based PVC products was at yuan (CNY) 6,400/tonne EXW in east China on 14 Dec, according to Chemease, an ICIS Service in China.
The spot PVC prices in east China were assessed at CNY6,350-6,420/tonne EXW on 14 Dec, Chemease data showed.
The shutdown of the plant may not have any influence on the local PVC market due to end-users’ weak demand, a local PVC player said.
($1 = CNY6.23)
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