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November prices of Iranian PS go down for Ukrainian market by USD20/tonne

November 14/2019

MOSCOW (MRC) -- Prices of Iranian polystyrene (PS) dropped for November shipments of material to Ukrainian buyers by an average of USD20/tonne, according to ICIS-MRC Price report.

At the same time, Iranian general purpose polystyrene (GPPS) of Tabriz was offered in the domestic market at the same price of UAH39,000-39,500/tonne CPT Kiev, including VAT.

Meanwhile, for December shipments, Iranian Tabriz"s GPPS for injection moulding was offered at USD1,065-1,075/tonne last week, and its extrusion grade material - at USD1,095-1,105/tonne CIF Odessa, excluding VAT. Available quantities of high impact polystyrene (HIPS) might appear for Ukrainian buyers at the end of this month.

As reported earlier, Nizhnekamskneftekhim (NKNH, part of the TAIF group) significantly reduced its HIPS and GPPS shipments to the Ukrainian market in November. Thus, some market participants said the plant would not ship HIPS and GPPS to Ukrainian traders. Moreover, a major increase in available quantities for Ukrainian buyers are not expected in December either.


mrcplast.com
Author:Margaret Volkova
Tags:PS, GPPS, HIPS, Nizhnekamskneftekhim, Iran, Russia, Ukraine.
Category:General News
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