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Plastik, Uzlovaya reduces December EPS prices for Russian market

December 11/2019

MOSCOW (MRC) -- Plastik (Uzlovaya), the Russian producer of acrylonitrile-butadiene-styrene (ABS) plastics and suspension polystyrenes (PS), has reduced its December selling prices of expandable polystyrene (EPS) for the Russian market, according to ICIS-MRC Price report.

Thus, the company"s prices for December shipments, as well as SIBUR-Khimprom"s December prices, dropped to Rb97,000-103,000/tonne, CPT Moscow, including VAT.

As reported earlier, domestic EPS prices have decreased to a minimum for the past five years. Prices were at this level in late 2014-early 2015.

At the same time, demand was either moderate or weak in the Russian EPS market. Some market participants reported a noticeable decrease in activity in the EPS market in the previous weeks.

OJSC "Plastic" (Uzlovaya) specializes in the production of ABS plastics and polystyrene. The plant"s complex includes the following production capacities: styrene - 60,000 tonnes/year, EPS - 11,300 tonnes/year and ABS plastics - 23,000 tonne/year. The plant"s sales policy is implemented by the Trading House "Plastik".


mrcplast.com
Author:Margaret Volkova
Tags:PS, EPS, Plastik, Uzlovaya, Sibur-Khimprom, Russia.
Category:General News
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