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Peak of pipe PE imports in Russia to fall to October

August 19/2011

(MRC) -- Major Russian producers of pipes are actively contracting polyethylene in foreign markets for September Ц October production. The peak of PE pipe imports is expected in October, but it will be lower than a year ago, according to MRC DataScope.

Last year the peak of imports fell to October and made around 14 KT. Such significant import volumes were boosted by high demand and planned shutdown of Kazanorgsyntez HDPE production in September.

Peak of pipe PE imports to fall to October

This year is not going to be an exception. The peak of PE pipe imports is also expected to be in October, but the figures will be lower compared to last year period.

Prices for September Ц October deliveries of European coloured PE100 are settled in the range of EUR 1.100-1.200/mt, FCA. In Asia the material for August deliveries is offered, on average, for USD 1.600 - 1.660/mt, FOB.

Despite ongoing shutdown for maintenance of Kazanorgsyntez, the only Russian producer of coloured PE 100, there is sufficient PE offer in the market.

Price offer for the Russian coloured PE 100 in the spot market is, on average, in the range of RUB 61.000-62.000/t, including VAT, FCA Kazan.

Tags:PE, HDPE, water-pressure pipes, Kazanorhsyntez.
Category:General News
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