MOSCOW (MRC) -- The prices of Russian DOP for October shipments remained at September level. Some market participants do not exclude that the price level of Russian DOP will remain without significant changes till the end of the year, report MRC analysts.
Russian makers of plasticizing agent DOP kept their prices for October shipments without any significant changes from September. In the spot market, deals for Russian DOP are concluded in the range of Rb76,000-82,000/tonne, FCA , including VAT.
Some market players report that the decline in prices of Russian plasticizing agent are unlikely to take place till the end of the year despite a seasonal decrease in demand. As per unofficial information, one of the major Russian DOP producers is going to reduce by one-third its production volumes in November-December in order to avoid excess supply of DOP in the market and to preserve the current price level.
MRC