MOSCOW (MRC) -- By the end of June, Russian market had run short of plasticizer DOP due to unscheduled stop of Roshal plant of plasticizers. The situation in the market is expected to be improved by the end of July, according to MRC analysts.
In mid-June Roshal plant of plasticizers had to suspend its operation due to the lack of phthalic anhydride. As a consequence, in the last decade of June the Russian market experienced difficulties with the supplies of plasticizer DOP. Spot quotations by the beginning of July had risen on average by Rb3,000/tonne, compared to the June level. Currently, small volumes of DOP from Salavat are offered on average at Rb78,000/tonne, including VAT, FCA Salavat.
Roshal plant of plasticizers plans to resume its work on July, 15, however, due to a serious shortage of DOP the market is expected to be stabilized by the end of the month.
Market participants are sure that with the start of production the prices begin to grow.
MRC