06 June 2013 06:24 [Source: ICIS news]
SINGAPORE (ICIS)--DSM Nanjing Chemical Co’s (DNCC) caprolactam production in China will fall by a third on shortage of hydrogen feedstock, a company source said on Thursday.
Its 200,000 tonne/year capro plant lost part of its feedstock supply on 31 May, with the shutdown of Yangzi Petrochemical’s hydrogen plants for routine maintenance, which is expected to last about 39 days, the source said.
Capro production loss is estimated at 6,000 tonnes for the month of June, the DNCC source said.
DNCC has published its June contract offer price at yuan (CNY) 18,600/tonne ($3,034/tonne) on 1 June, up by CNY300/tonne from end-May, market sources said.
Tight supply in the domestic capro market in China may push June contract prices higher, they said.
($1 = CNY6.13)
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