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DOP prices beat another record in Russia

July 23/2010

MOSCOW (MRC) -- Tight Russian DOP supply together with the impossibility of quick imports of plasticizer continue to push prices up - according to MRC Price reports.  

DOP prices beat another record in Russia

 

Plasticizer production is still tight in Russia, and DOP demand continues to grow. The biggest plasticizer consumers - plasticized PVC producers - talk about scarce DOP stocks, and the possibility to replenish stocks quickly is nearly zero. Some companies are trying to organize supplies from Europe and Asia. Small volumes of Serbian DOP are to be delivered to the Russian market soon. Supply of South Korean plasticizer is expected in the second half of August. Prices for the future DOP deliveries vary within the range of RUB 84.000 - 90.000/mt, including VAT, DDP.

 

Prices for Russian plasticizer moved at the level of RUB 85.000/mt, including VAT. Generally, current prices for small DOP volumes in the Russian market are in the range of RUB 85.000 - 100.000/mt, including VAT. In the second half of August, Russian producers are expectedly to increase plasticizer production; as well, additional volumes are going to arrive from Asia. As a result, prices should become more stable in the domestic market.

 

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

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