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MOSCOW (MRC) -- SIBUR-Khimprom has
sharply reduced its expandable polystyrene (EPS) prices for December shipments
to Ukrainian buyers, according to ICIS-MRC Price
report.
Thus, the reduction in prices of standard grades of material
is USD95/tonne.
Thus, December prices of material for the Ukrainian
market were at USD1,125/tonne FCA Voronezh, excluding VAT, this
month.
Prices dropped not only for December shipments, but also for
quantities that were delivered to Ukrainian customers in the last week of
November. Some customers already received EPS at new prices at the end of last
week.
Import prices of Russian EPS have fallen to the lowest level for
all purchases of Russian material by Ukrainian buyers since 2012. Purchase
prices of such material, including delivery to a converter"s warehouse, will be
about UAH36,500/tonne CPT Kiev, including VAT, on the back of the strengthening
of the hryvnya exchange rate against the dollar.
SIBUR-Khimprom (part of
SIBUR Holding) specializes in the processing of liquid hydrocarbons and is one
of the leading Russian producers of a number of the most important petrochemical
products. The company has three main production capacities: production of butyl
alcohols and 2-ethylhexanol with a capacity of 160,000 tonnes per year,
production of ethylbenzene (220,000 tonnes per year), styrene monomer (SM)
production (135,000 tonnes per year) and polystyrene (PS) production
(100,000 tonnes per year), ethylene and propylene unit, production of
eco-friendly plasticizer DOTF (100,000 tonnes per year). |
