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Ufaorgsintez increases contract PE and PP prices

November 04/2013

MOSCOW (MRC) -- Ufaorgsintez (part of Bashneft group) has announced an increase in contract prices of low density polyethylene (LDPE) and polypropylene (PP) from 1 November 2013, according to ICIS-MRC Price report.

The company increased contract prices for polyolefins by Rb450-1,000/tonne from mid-October. The price rise for LDPE and PP was caused by tight supply and strong demand.

Contract prices for LDPE 158 and 108 rose to Rb1,000/tonne, prices for shrinkable film PE remained intact.

Contract prices for homopolymer of propylene  (homopolymer PP) grew by Rb450-550/tonne from mid-October. Prices for statistical copolymers of propylene (PP-random) went up by Rb550/tonne.

The annual PP and LDPE production capacity at Ufaorgsintez is 100,000 and about 90,000 tonnes, respectively.
Author:Margaret Volkova
Tags:PP, PE, PP-Homo, LDPE, Ufaorgsyntez, Russia.
Category:General News
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