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Turkmenbashi GPP sold 10,000 tonnes of PP at Stock Exchange of Turkmenistan

March 02/2017

MOSCOW (MRC) -- In the export trades of Turkmenistan"s State Commodity and Raw Materials Exchange, 10,000  tonnes of polypropylene (PP) were sold, according to ICIS-MRC Price report.

On 27 February, Turkmenbashi Gas Processing Plant"s 10,000 tonnes of PP were put up for auction in the export trades of the State Commodity and Raw Materials Exchange of Turkmenistan.  The put up for action PP was aimed for shipment within 7 months at a starting price of USD835/tonne, FCA/FOB port of Turkmenbashi.

Demand for PP in the stock exchange was quite strong in the first days of the trades. But actual deals started to be registered only on 28 February, and 10,000 tonnes of PP were contracted in the trades at USD956/tonne FCA/FOB port of Turkmenbashi.
Author:Margaret Volkova
Tags:PP, Turkmenbashy Refinery, Turkmenistan.
Category:General News
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