29 May 2013 08:27 [Source: ICIS news]
SINGAPORE (ICIS)--China's Jilin Petrochemical shut down its 120,000 tonne/year 2-ethylhexanol (2-EH) plant at Jilin city in Jilin province on 28 May for scheduled maintenance, a company source said on Wednesday.
The maintenance will take around 20 days, the source added.
A trader said the plant might have been shut to tighten the supply in the Chinese domestic market, which would help stabilise or even raise local 2-EH prices.
Domestic 2-EH prices were assessed at yuan (CNY) 10,600-10,650/tonne ($1,732-1,740/tonne) ex-tank east China on 29 May, compared with CNY 10,300-10,400/tonne ex-tank east China on 20 May, according to Chemease, an ICIS service in China.
Jilin Petrochemical is one of the key suppliers of 2-EH in the Chinese domestic market.
($1 = CNY6.12)
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