08 March 2013 09:03 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Yancheng Super Chemical is expected to restart its 50,000 tonne/year isopropanol (IPA) unit in Jiangsu province on 13 March after a 10-day turnaround, a company source said on Friday.
The turnaround, which started on 3 March, has no impact on the Chinese domestic market, traders in China said.
Local IPA prices in China softened in the week to 8 March, tracking the fall in feedstock acetone prices and as persistently weak demand led to a build in sellers’ stocks after the Lunar New Year holiday.
Prices in east China were assessed at yuan (CNY) 9,900-10,050/tonne ($1,592-1,616/tonne) ex-tank on 8 March, down by CNY200-250/tonne from 1 March, according to Chemease, an ICIS service in China.
($1 = CNY6.22)
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