China's Yunnan Yunwei shuts Qujing BDO plant on weak demand

16 January 2013 10:42  [Source: ICIS news]

SINGAPORE (ICIS)--Yunnan Yunwei’s 25,000 tonne/year 1,4-butanediol (BDO) plant in Qujing in southwestern China has been shut since early this week in view of weak demand, a company source said on Wednesday.

The plant will be restarted after China’s week-long Lunar New Year holiday on 9-15 February, the source said.

Yunnan Yunwei has enough inventory to continue supplying to customers during the shutdown of the BDO plant, the source said.

Domestic BDO prices in China were assessed at yuan (CNY) 13,700-14,100/tonne ($2,203-2,267/tonne) on 15 January, up by CNY100-300/tonne from the previous week, according to Chemease, an ICIS service in China.

($1 = CNY6.22)

By: Caroline Zhang

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