Solvent season brings increases

Mitra, Mahua; Brice, Andy
May 2007
ICIS Chemical Business;5/28/2007, Vol. 2 Issue 68, p26
Trade Publication
The article predicts an increase in the prices of solvents through June 2007. According to ICIS, the prices of solvents increased to about 9% between April 20, 2007 and May 18, 2007 and are quoted at around $940-950 per tonne. In the eastern China port of Jiangsu, stocks are at 30,000-35,000 tonnes and at 8,000-10,000 tonnes in Ningbo. LG Petrochemical is also facing reduced production from its BTX line in Yeosu as naphtha feedstock was replaced by butane because of record naphtha prices.


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