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)
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