Reduced prices associated with the general seasonal decline in demand in the market in November and a fall in spot quotations styrene.

For importers of the material in the CIS decline in prices of EPS is a positive factor. In view of the freight to the port of Monday the price of EPS totaled USD1 170-1 200 per ton CIF Odessa, excluded. Prices in the port of St. Petersburg amounted to USD1 210-1 240 per ton CIF, VAT and USD1 170-1 200 per ton CIF, VAT excluded.

At the same time low prices in Asia put pressure on quotations of Russian suppliers. New volumes of polystyrene in China, which will arrive on the market by the end of December, will help reduce spot prices on the Russian domestic market. When taking into account the current price of EPS in China and the cost of logistics in Russia (with settlement rate of the dollar 68 rubles per 1 USD) the cost of procurement for the direct buyers will be 96 000-102 000 rubles. per tonne CPT Moscow, including VAT.