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Prices for Ukrainian polypropylene start decreasing in the domestic market

June 07/2010

MOSCOW (MRC) -- Prices for Ukrainian polypropylene started decreasing in the domestic market. In spite of the fact that Ukrainian PP-homo supply is limited, raffia price decreased to UAH 16.950 Ц 17.150/mt, including VAT, FCA Lysychansk Ц according to MRC Price reports.

Prices for Ukrainian polypropylene start decreasing in the domestic market

 

By preliminary data, Linos is planning to resume PP production no earlier than late June. So, production in June will form around 1 kt. of polypropylene. Quite close terms of PP production launch in Lysychansk even now make many market players reconsider present level of raffia prices.

 

In Europe situation with PP supply continues to get more serious. Material deficit became the reason of reduction of export quotes by many European producers in June. Price for European PP for delivery into Ukrainian market in June went up on average EUR 50-70/mt.

 

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For more information about Ukrainian PP market please refer to MRC Price reports.

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