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HDPE film grade prices up in the Russian market

August 04/2011

(MRC) -- In early August, prices of HDPE film grade in Russia slightly increased after decline in July. Further pricing will depend on scheduled shutdowns for maintenance and production plans for August - September, according to ICIS-MRC Price report.

In August, Kazanorgsyntez reduced quotas for the domestic market of HDPE film grade, and since September 7, the company will stop for scheduled maintenance.

Nizhnekamskneftechem shifted the start date of HDPE film grade production for the second August decade, besides pyrolysis unit will be stopped for maintenance in September, so PE film grade production will be reduced. Gazprom Neftechem Salavat continues to stand idle due to technical problems of HDPE production.

HDPE film grade offers in the market are still sufficient, but in some regions a slight price growth could be seen. Kazanorgsyntez increased price of 293 PE to RUB 57.300 - 57.500/t, including VAT, FCA Kazan. Because of nearly complete absence of proposals of RE6148S by Nizhnekamskneftechem (Tatarstan), the price increased to RUB 62.000/t, including VAT, FCA. PE offers in Moscow are more than adequate, and the price level is fixed in the range of RUB 58.000 - 58.5000/t, including VAT, FCA.

Individual market players consider that scheduled shutdown for maintenance of Kazanorgsyntez can increase HDPE film grade demand, which will directly affect the price level.

Tags:HDPE, film, Kazanorhsyntez, Nizhnekamskneftechem.
Category:General News
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