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East China propylene rises Yuan 25,/mt on Day  | Shanghai SECCO Petrochemical plans closing No. 2 ACN plant

East China propylene rises Yuan 25,/mt on Day | Shanghai SECCO Petrochemical plans closing No. 2 ACN plant

Apr 12, 2023

- East China propylene rises Yuan 25,/mt on Day- Shanghai SECCO Petrochemical plans closing
No. 2 ACN plant





The CFR China propylene market remained
stable April 11, as buyers resisted spot purchases. According to S&P commodity insight, four
crackers were scheduled for a planned turnaround in April. This was Yuan
25,25/mt extank. In other plant news, Shanghai SECCO Petrochemical
plans to close its No. A company source stated that the 2 acrylonitrile
plants will be closed in May in order to complete a planned turnaround. "Our
entire petrochemical complex is set to resume in mid-July. We are still
undecided about whether to restart No. We are not
sure if we will restart No. 1 or No. 2. Or both of them. 1, or No. 2. An increase
in demand for downstream acrylonitrile-butadiene-styrene and an easing supply
glut due to the prolonged production cuts lent...

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