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(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 – 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 –
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.
mrcplast.com
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