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Kazanorgsintez raised contract prices of LDPE

February 05/2013

MOSCOW (MRC) -- Kazanorgsintez announced an increase in contract prices of low-density polyethylene (LDPE) to be shipped in February for the domestic market. Other Russian producers also announced the need for a price increase of LDPE, according to ICIS-MRC Price report.

The second largest producer of low-density polyethylene in Russia Kazanorgsintez announced an increase of contract domestic prices for February. The prices for the material to be shipped in February grew by Rb300-500/tonne, excluding VAT. Other Russian producers also reported a necessity for the price increase of low-density polyethylene.

At the end of last week, Gazprom neftekhim Salavat raised its LDPE price by Rb1,000/tonne, price offers for PE 158 were voiced at the level of Rb 53,500/tonne, FCA Salavat, including VAT. In January, Angarsk polymer plant raised twice the price of polyethylene for the domestic market, citing its limited amounts of material for the domestic market.

Ufaorgsintez reported repeatedly the need for a price increase of LDPE for the domestic market.
Author:Margaret Volkova
Tags:PE, LDPE, SNOS (Salavatnefteorgsyntez), Angarsk Polymers Plant, Kazanorgsyntez, Ufaorgsyntez.
Category:General News
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