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Prices and demand for pipe HDPE in Russia are falling

November 16/2010

MOSCOW (MRC) -- Purchasing activity in the market of pipe HDPE had considerably fallen as well as the prices by mid-November, according to MRC Price market reports.

October appeared a quite complicated period for the Russian market of pipe HDPE. Because of PE productions  shutdowns for scheduled maintenance in Kazan and Nizhnekamsk, the offer of both colored and non-colored pipe materials was almost absent.

Yet from the end of summer big Russian producers of PE pipes started active contracting of materials for works in external markets in October-November. As a result in October pipe HDPE supplies grew almost twice as much compared to September and reached the level of record 14.2 KT.

By mid-October prices for small volumes of the Russian colored 100PE had reached the level of 63.000 65.000 Rub./t, including VAT, FCA. But starting from early November with sufficient volumes of both colored and non-colored Russian pipe HDPE along with slumping demand, the prices dropped to the level of 60.000 62.000 Rub./t, including VAT, FCA.

For more detailed information, see the Price market reports Polyethylene in Russia

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