Asian NBA soars 70/mt on supply crunch,firm China local values

摘要

Singapore-Asian normal butanol prices rocketed 70/mt at the end of May,bolstered by a regional supply crunch and surging China domestic prices,industry sources said June 1.The market was at l,125/mt CFR FE and SE Asia.Chinese domestic prices leapt Yuan 700/mt(87/mt)to Yuan 11,300/mt ex-tank June 1,up from Yuan 10,600/mt ex-tank May 25,fueled by tight domestic supply.