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Russian DOP market tight in early July

July 07/2010

MOSCOW (MRC) -- Insufficient plasticizer supply in the domestic market in conditions of seasonal demand increase holds PVC plasticizers production growth Ц according to MRC Price reports.

 

Russian DOP market tight in early July

The demand for PVC plasticizers in the Russian market keeps up growing. Single plasticized PVC producers tell that in June plasticizer sales exceeded the production. Further increase of production is impossible due to insufficient DOP supply in the domestic market. In July even some big producers of plasticized PVC faced problems with purchases of additional plasticizer volumes. Last month the demand in the Russian market was covered by DOP supply from Eastern Europe. However, force majeur at one of the biggest plasticizer plants of ZAK company in Poland has led to decrease of export quotes and sharp price increase. So, European DOP went up in price by EUR 90 Ц 100/mt for July.

 

 

Single companies offer DOP from South Korea and North America, however, the first plasticizer supplies are expected no earlier than mid-August. For now, Russian converters are forced to limit the production. DOP price range in the Russian market is quite big and is in the range of RUB 72.000 Ц 92.000/mt, including VAT, FCA.

 

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For more information about Russian DOP market please refer to MRC Annual reports.

 

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