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Pipe HDPE prices increased in the Russian market

July 16/2019

MOSCOW (MRC) - Seasonal growth in demand and reduced supply of high density polyethylene (HDPE) led to price increases.
Natural polyethylene prices increased by roubles (Rb) 1,000 - 2,000/tonne by mid-July, as per ICIS-MRC Price Report.

In the past few weeks, the demand for pipe HDPE has increased significantly under the pressure of seasonal factor, while the supply of polymer from some sellers decreased. There was no big rush in this regard, but some sellers last week increased prices of pipe HDPE. Natural polyethylene prices increased by Rb1,000Ц2,000/tonne, black PE100 prices increased more significantly.

The reduction in the supply of HDPE pipe in the Russian market largely was a result of Gazprom Neftekhim Salavat for scheduled maintenance works, which started from the first days of July and will last for the entire month.

The Bashkir enterprise is a key supplier of natural pipe HDPE in the Russian market. There is no rush in the pipe polyethylene market due to the turnaround of one of the suppliers, but this factor began to put pressure on prices.

Some sellers of natural pipe HDPE increased prices to Rb103,000-105,000/tonne CPT Moscow, including VAT by mid-July. Black PE100 prices increased more significantly, and such a rise in prices was largely a result of the approaching turnaround of the main supplier, Kazanorgsintez.

In the early June Price offers for Russian black PE100 started from Rb107,500/tonne CPT Moscow, including VAT and by the middle of the month the prices at some sellers rose to Rb113,500/tonne CPT Moscow, including VAT.
Author:Anna Larionova
Tags:PE, HDPE, pipe extrusion, Ukraine.
Category:General News
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