 |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
News on ONICHEM
Prices For Glyoxal 40% Increased
20 August 2007
ONICHEM declares today that the new prices of Glyoxal 40% for different areas are increased
and they are effective right now unless the buyers have placed their orders which are also
confirmed by us already.
The price of raw material---MEG is extremely increased in these days and the materials are
short in the markets. This causes our costs to be a much higher level and our current prices
can not cover our costs at all, not only mentioning to remain our margin at a reasonable level.
You can also have a look at the market report on MEG by visiting
http://www.icis.com/Articles/2007/08/13/9052094/asia-meg-targets-record-high-by-dec.html.
In this report, the expert said it would reach USD1100/mt in the next few days. It is true and we
can tell you it is over USD1150/mt already.
Thank you for your kind attention.
ONICHEM is the leading supplier of various Organo-Functional Silanes, Glyoxal 40%,
Glutaraldehyde 50%, etc. in China.
| Onichem Specialities Co., Ltd |
