KoRuhr’s new unit has been put into operation in end Oct

KoRuhr’s new unit has been put into operation in end Oct, and operating rate is at around 70%, But it is still matching with its firs unit, so the actual delivery volumes may be limited in short, which cannot make up with the gap caused by the shutdown of PetroChina Fushun, leading to higher prices in Shandong market.

For the situation at ports, it is understood that the delivery at Yangkou port is delayed to around mid-Nov, so the supply tightness in Nantong market is hard to ease. At Lianyungang port, though the ships can reach the port and unload, the delivery is still difficult. Therefore, the short-term supply tightness leads to prices up.