Index > Authors> PUdaily> PO Can Break RMB 10 Kt/year Mark in the Short Run

PO Can Break RMB 10 Kt/year Mark in the Short Run

PO 

PUdaily, Shanghai-As the closing of the Dragon  Boat Festival, PO price edges up amid concentrated maintenance. PUdaily has  listed the movements of PO equipment as followed.

Company

Capacity (kt/year)

Load

Remark

Shandong Xinyue

350

100%


CNOOC Shell

320

100%


Jilin Shenhua

300

0%

Maintenance for one month

Ningbo  ZRCC Lyondell

285

100%


Binhai Group

280

90%

Maintenance from May 29 to May 31

200 kt/year equipment under 50% load operation and 80 kt/year one  regular

Wanhua

264

100%


Shandong Sanyue

240

100%

Maintenance from May 27 to May 29

Two sets of equipment restarted and a third under  suspension

Huntsman Jinling

240

0%

To start in June

Shandong Jinling

160

80%

No inventory

Tianjin Dagu

150

0%

Environmental protection technology Improvement and commencement  date unknown

Fangda Jinhua

120

100%

Maintenance from May 20 to May 26 and restart on May  26

Nanjing KUMHO GPRO

100

0%

Shutdown for the problem of sewage water

Maintenance from May 31 for 15 days

Shandong Daze

100

45%

50 kt/year equipment under operation

The other 60 kt/year equipment to be started in  June

Yueyang Changling

100

0%

Maintenance from Mar. 21.

Shandong Huatai

80

50%

Suspended from May 22 to May 28 and restarted on May  30

Half load for the problem of sewage  water

Shida Shenghua

70

100%

To conduct maintence from Jun. 19 for 10  days.

Zhonghai Group

62

0%

Restart date is unknown

Fujian Meizhouwan

50

100%


For the being, PO is offered at RMB 9,800/ton in  cash payment and ex-work and RMB 9,700/ton for bulk purchase in north China. In  east China, PO is heard at RMB 10,050/ton by cash payment and DEL, up by RMB  150/ton. Currently, PO almost registers limited inventory. As for polyether  polyols market, it remains underpinned by rigid demand amid rare transaction. It  is supposed PO is likely to break RMB 10,000/ton mark in short-term, while there  is still space for a drop in the long run.