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Russian producers announced increased prices of DOP plasticizers in October

October 05/2011

(MRC) -- Devaluation of the ruble (RUB) against dollar (USD) as well as suspension of production by the Russian producers resulted in increased prices of DOP plasticizers in October. Russian DOP went up, on average, by 3.000 Ц 4.000 RUB/t, according to ICIS-MRC Price report


Limited offer of DOP in the Russian market along with RUB devaluation became the main reasons for price hike. Separate Russian producers of DOP announced price increase up to 74.000 Ц 78.000 RUB/t, including VAT, FCA. As pet market experts, this is a last price increase for the domestic market. In November the price decrease is possible under the pressure of seasonal reduction of demand and stable work of all Russian producers.


As per MRC analyst Sergey Karajchentsev, limited offer of DOP in the Russian market is caused by suspension of two enterprises: Gazprom neftehim Salavat and Plant of plasticizers in Roshal (Moscow region). The first suspended its DOP capacities yet in July, production resumption is planned for 15 October. According to unofficial information, Plant of plasticizers in Roshal also suspended its capacities for one week maintenance.


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