Chempricehub, November 11 Report
On November 11, the 400,000 tons/year phenol-acetone plant of Gao Hua Materials was operating normally. Shipments were primarily conducted against existing contracts. With relatively low inventory levels, acetone prices were reduced by RMB 200/ton to RMB 8,500/ton, effective immediately on November 11. The terms are spot cash payment with ex-works pickup.
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