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Consumption of EPS boards in Ukrainian market stabilized in the second half of November at a lower level

November 29/2019

MOSCOW (MRC) -- After a sharp fall in demand in the Ukrainian EPS boards market at the beginning of this month, consumption of finished products stabilized in the second half of November at a new, lower level, according to ICIS-MRC Price report.

Prices of Chinese and Russian expandable polystyrene (EPS) were in the range of UAH42,000-43,500/tonne CPT Kiev, including VAT, last week.

A middle-sized converter purchased material at UAH42,500-43,000/tonne CPT Kiev, including VAT, in the domestic market.

As reported earlier, in the first half of the month, SIBUR-Khimprom reduced its EPS prices twice for November shipments to Ukrainian buyers under the pressure from foreign markets. Thus, in early November, the Russian producer reduced its EPS prices for this month"s shipments to Ukraine by USD45/tonne to USD1,230 per tonne FCA Voronezh, excluding VAT. And in the second week of November, the company announced a reduction of USD10/tonne in prices of material to USD1,220/tonne FCA Voronezh, excluding VAT.
Author:Margaret Volkova
Tags:PS, EPS, EPS boards, SIBUR-Khimprom, Russia, Ukraine.
Category:General News
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