THF Morning Snapshot in China Today

Published: 20 Nov 2009 00:47:36 PST

PUdaily, Shanghai- Today, THF market in China keeps stable. As the MA prices increase noticeably and some suppliers in Jiangsu area, who use MA as feedstock, have reduced operation rate, their THF supply becomes relatively tight. The imported arrivals are insufficient as well. In BASF, due to the turnaround of BDO plant in Malaysia and good demand for PTMEG, its THF supply is scarce at present. It says the maintenance of BDO plant will not be completed until late Nov.

In the local trading market, the domestic stocks are sold at RMB17000-17500/t, low-quality stocks (byproduct of PBT) at RMB16500-16800/t, Taiwan Nanya stocks at RMB20500-21500/t, and Mitsubishi Japan stocks at RMB26000-26500/t.