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HDPE pipe grades to cheapen in June

June 14/2011

MOSCOW (MRC) -- Asian producers decreased export prices for HDPE pipe grades. Insignificant correction of prices was in the Russian market as well, according to ICIS-MRC Price report.


In April-May, export prices for PE pipe grades reached their peak. This was caused by high prices for feedstock as well as scheduled shutdowns of some plants. Export prices for colored pipe PE100 in June decreased, on average, by USD 80-100/mt, compared to May. 


In June, European producers decreased prices for pipe HDPE under the pressure of ethylene cheapening. Export prices in June decreased, on average, by EUR 30-55/mt compared to May.


Prices reduced in the Russian market as well Ц it concerned both PE80 and PE100. Price offer for the Russian colored PE 80 was within the range 65.800 Ц 67.500 RUB/t, including VAT; colored PE100 was offered within the range of 66.500 Ц 68.000 RUB/t, including VAT, FCA Kazan.


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Tags:PE, HDPE.
Category:General News
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