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MOSCOW (MRC) -- As expected, beginning of the year started with PE price rise, on average, by 1.500 – 2.400 RUB/t,
according to MRC analysts.
According to the forecast, in the
first working week of January the Russian producers jacked up the price for PE.
Main reasons are growing prices for oil and considerable growth of PE prices in
the external market, particularly, in Europe. The European producers jacked the
prices for polymer by EUR 80 – 130/mt depending on type, least of all the price
was jacked for linear polyethylene.
The same situation is observed in the Russian market. On average, the
prices for HDPE and LDPE from separate Russian producers rose by 1.500
– 2.400 RUB./t. It is expected that prices correction in the Russian PE market
will continue next week and only by mid-week the prices will be finally fixed.
mrcplast.com
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