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Lack of film-grade and 273 HDPE appeared due to Russian PE producers’
production plans for May – June and growing demand in the market. Also the
situation was aggravated by temporary technical problems at Stavrolen. As a
result, on Friday some companies suspended sales of film-grade HDPE.
Prices for film-grade material in Moscow have reached the level RUB 55.000 –
55.500/mt, including VAT, FCA. Some market participants expect further price
increase.
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The situation in 273 HDPE market is more serious. Production of 273-83 PE
grades in June at Kazanorgsyntez capacities isn’t expected. Temporary technical
problems at Stavrolen have led to delay of terms of HDPE supplies into the
domestic market. Price offers have reached the level RUB 55.000/mt, including
VAT, FCA Kazan, or RUB 56.000/mt, including VAT, FCA Moscow.
mrcplast.com
For more information about Russian HDPE market please refer to MRC Price reports. |