MOSCOW (MRC) -- SIBUR has announced an increase of USD120-130/tonne from March in its export prices of expandable polystyrene (EPS) for April shipments, according to ICIS-MRC Price report.
Initially, buyers received higher offer prices. Importers in Ukraine received the price of USD1,580/tonne FCA Voronezh, excluding VAT, up by USD140-150/tonne from March. Later, the plant reduced its April prices from the initially announced level. Thus, export prices were set at USD1,550/tonne FCA Voronezh (USD1,520/tonne FCA Perm), excluding VAT.
Buyers of EPS of Alphapor grade (SIBUR-Khimprom) in the Russian domestic market said they also expect contract prices to increase in April. Some market players said the plant's prices might grow by Rb3,000/tonne FCA, including VAT.
MRC