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Polypropylene prices rising in Russia

March 17/2010
MOSCOW (MRC) In mid-March prices for Russian PP-homo varied within the range of RUB51.00054.000/mt according to MRC Price Report.
Polypropylene prices rising in Russia

The tight Russian polypropylene market resulted in further growth of prices. In March, raffia prices moved at RUB51.00052.500/mt, including VAT. Sufficient volumes of Turkmen polypropylene have been delivered to the market this week.

 

Demand for injection moulding PP became much stronger. Prices climbed at RUB53.00054.000/mt, including VAT. Market players are afraid that the suspension of production at Kapotnya and Ufa at the end of April beginning of May might seriously affect the market balance.

 

 

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For more detailed information, see Russia Weekly Price Report.

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