China’s Inner Wuhai Chemical Industry restarts PVC plant

26 March 2013 08:26  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Inner Mongolia Wuhai Chemical Industry restarted its 300,000 tonne/year polyvinyl chloride (PVC) unit in Inner Mongolia on 24 Mar, a company source said on Tuesday.

The plant was shut for regular maintenance on 19 March, the source said.

Before the shutdown, the operating rate was around 70% capacity. The company plans to run the plant at 70% at present, the source added

The producer offered carbide-based PVC products at yuan (CNY) 6,000/tonne ($966/tonne) EXW (ex-works) in northwest China on 26 March, according to Chemease, an ICIS service in China.

Spot PVC prices in northwest China were assessed at CNY5,950-6,080/tonne EXW on 26 March, Chemease data showed.

The shutdown  may not influence the local PVC market due to weak end-user demand,  a local PVC player said.

($1 = CNY6.21)


By: Cookie Han



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