The contract price was agreed on terms of delivery free on Board (FOB) Amsterdam-Rotterdam-Antwerp (АRА). This month expected some decline in prices of styrene, as European prices jumped sharply earlier in 2015 amid several stops production in the region and supply-side constraints. According to the company Market report, in June the prices of styrene […]
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Month: January 2016
European manufacturers in July lowered the export prices of polyethylene for CIS markets
Negotiations on the July prices of European PE markets of CIS countries began last Monday. The proposal of the polymer at selected growers in the current month has increased, the only exception is pipe high-density polyethylene (HDPE) and linear polyethylene (LDL). As a consequence, most European manufacturers have cut the export prices of polyethylene (LDPE) […]
Ukraine may prematurely cancel the additional import duty
According to him, the Ministry acts more like a lawyer and business now collects information on the results of this collection. A. Abromavicius said that the position of the Ministry on imported collection will be announced in the next week. As previously reported, Ukraine on February 25 of this year in connection with sharp deterioration […]
In July, the European manufacturers have cut prices of polypropylene for CIS markets
Negotiations on the July prices of European PP began on Tuesday. Many market participants have concluded that most manufacturers have cut prices in the current month, despite limited export quotas. This week deal regarding July supply of propylene homopolymer (PP-Homo) were discussed in the range of EUR1 300-1 400 per tonne, FCA, whereas the month […]
Buyers of Russian polystyrene waiting for the price increase in July
Buyers Nizhnekamsk polystyrene (PS) market reported an increase in prices for shipment in July by 2 300-2 500 rubles. per ton, including VAT. Price Kirishi MSS/M for spot increased by 1 thousand rubles. per ton, including VAT. Plant PENOPLEX reduced shipments to the spot market. Also market players had expected the increase in prices PCU/M […]
Ufaorgsintez raises the price of polyethylene and polypropylene
According to the company’s clients, the 30th of June, prices for the entire range of homopolymers of propylene (PP-Homo) to 1 500 rubles. per ton in comparison with the level on the 23rd of June. Pictures of propylene copolymers remained unchanged. Also, prices for the entire range of high-pressure polyethylene (LDPE). LDPE for the production […]
Ineos closes the production of PE and PP for repairs in August
The company closes in August for the repair of the cracking plant with capacity 740 thousand tons of ethylene per year in Grangemouth six to seven weeks. The company plans to start using North American ethane as feedstock and builds a large storage tank of ethane at the production site in Grangemouth. It is planned […]
The news of the polystyrene market in Europe
Trade data published by Eurostat (Brussels) for all 28 EU countries for the first quarter of 2015, shows that imports in the region amounted to 50,000 tons is a big jump from 30,000 tons recorded in the 1st quarter in 2013. However, compared with imports of polystyrene in the first quarter of 2014, which is […]
Indonesia: Styrindo Mono Indonesia resumes the production of styrene
The resumption of production of styrene depends on the successful restart of the cracking installation of the parent company Chandra Asri capacity of 600 kt/year in Cilegon 17-18 June after preventive maintenance, which began on 3 June. The company has two lines for the production of styrene plant in Merak – 100 thousand tons/year and […]
Kazanorgsintez resumed production of polyethylene.
According to the commercial Director “Orion-Plast Alexander Mayorov this polyethylene composition in Russia were produced in the last almost eight years ago and was discontinued because of lack of demand in the market. According to him, since that time, the market has undergone a major structural change and the demand for such raw materials grew […]