03 April 2013 07:47 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Haohua Honghe Chemical restarted its 500,000 tonne/year soda ash unit at Zigong in Sichuan province on 3 April, a company source said on Wednesday.
The plant was shut on 25 March for nine days of scheduled maintenance, and the company depleted its inventories of 2,000 tonnes of soda ash during the maintenance shutdown, according to the source.
Given its low inventory pressure, the company attempted to raise its prices, but was not successful because of weak domestic demand for soda ash, the source added.
Spot light-grade soda ash prices in southwest China have been stable at yuan (CNY) 1,230-1,300/tonne ($198-210/tonne) DEL (delivered) since 25 March, according to data from Chemease, an ICIS service in China.
($1 = CNY6.20)
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