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Karpatneftekhim raises HDPE prices by USD90/tonne

February 05/2021

MOSCOW (MRC) -- Karpatneftekhim (Kalush, Ivano-Frankivsk region), Ukraine"s largest petrochemical plant, raised its high density polyethylene (HDPE) prices by USD90/tonne on 3 February for shipments to the domestic market, according to ICIS-MRC Price report.

The plant"s customers said on Wednesday, the Ukrainian producer increased its HDPE prices for shipments to the domestic market by USD90/tonne from previous week. Prices started from USD1,270-1,280/tonne FCA, excluding VAT, for end-users. The price rise was primarily caused by higher feedstocks prices.

High prices in foreign markets also put a major pressure on prices in the county. Thus, European producers raised their February export prices by EUR150-220/tonne from January.

Karpatneftekhim is one of the largest enterprises of Ukraine"s petrochemical complex. Currently, the plant can produce annually 300,000 tonnes of PVC, 200,000 tonnes of caustic soda, about 180,000 tonnes of chlorine, as well as 250,000 tonnes of ethylene and 100,000 tonnes of polyethylene.
Author:Margaret Volkova
Tags:Europe, PE, HDPE, Karpatneftekhim, Ukraine.
Category:General News
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