China BG prices may extend gains on domestic price run-up

摘要

MELBOURNE (ICIS)--Spot butyl glycol (BG) prices into China may extend recent gains on the back of a domestic market rally and higher raw material prices, market participants said on Thursday. CFR (cost & freight) China BG prices have amassed gains of 7.4% in the eight weeks ended 24 August to settle at an average of $910/tonne CFR China on a zero antidumping duty (ADD) basis, subject to import duty, data compiled by ICIS showed.