In December LLDPE supplies to the Russian market will grow

MOSCOW (MRC) -- In December a considerable growth of linear polyethylene supplies to the Russian market is expected. The offer growth is expected due to imports as well as domestic production, MRC analysts say. 

Nizhnekamskneftehim closed the production of linear polyethylene in October before scheduled maintenance. Kazanorgsyntez closed LLDPE production last October because of economical   inexpedience.

Also because of October scheduled maintenance, there were no LLDPE supplies from Uzbekistan in November.

As a result by the end of November in the Russian spot market there was no offer of butene LLDPE. The price offer for hexane polyethylene from Asia and Europe started from 65.000 rub./t.

In mid-December LLDPE production is to restart at Nizhnekamskneftehim.

Also this week export bids in sales of PE from Shurtanskiy Mining & Chemical Combine were renewed. New  polymers supplies from Uzbekistan are expected in the second decade of  December. However the prices level won’t exceed the November level.

mrcplast.com