23 May 2013 09:50 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s Oriental Union Chemical Corp (OUCC) plans to restart its 40,000 tonne/year ethanolamines plant at Nanjing in China’s Jiangsu province on 20 June, a source close to the company said on Thursday.
The plant was shut since 13 May for planned maintenance, the source added.
During the week ending 24 May, traders in China raised their offers because demand rose amid improved market sentiment, sources said.
Domestic discussions for ethanolamines were at yuan (CNY) 11,200-12,700/tonne ($1,827-2,072/tonne) EXW (ex-works) on 22 May, according to ICIS data.
($1 = CNY6.13)
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