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The cost of Nizhnekamsk polystyrene rose by Rb2,000/tonne

January 18/2013

MOSCOW (MRC) -- Traders raised their price offers for Nizhnekamsk polystyrene by Rb1,000-2,000/tonne early this week, according to ICIS-MRC Price report.

At the beginning of the week traders that sell Nizhnekamsk general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) have increased the price offer for the material by Rb1,000-2,000/tonne. Last week there was information that the cost of Nizhnekamsk polystyrene might grow, however, the value of the increase was not specified.

A high level of the cost of European and Asian polystyrene allows Russian companies to maintain the increasing trend of the cost of the domestic material. The price offer for Nizhnekamsk GPPS was set at the level of Rb75,000-78,000/tonne, while HIPS is being sold in the range of Rb77,000-81,000/tonne.

The cost of Salavat and Kirishi polystyrene remains at the previous level.

Gasprom neftekhim Salavat polystyrene is being sold in the range of Rb70,000-72,000/tonne for GPPS and Rb76,000-78,000/tonne for natural HIPS.

In early 2013, PGProf resumed sales of GPPS in the spot market. The cost of the material is in the range of Rb75,000-77,000/tonne, EXW.
Author:Margaret Volkova
Tags:PS, GPPS, HIPS, SNOS (Salavatnefteorgsyntez), Nizhnekamskneftechem, Penoplex-Kirishy, PG Prof.
Category:General News
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