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 & COC/M, developed at the facilities of the enterprise Gazprom Neftekhim Salavat. At the same time on the spot market some buyers have noted a deficit MSS/M. the Demand for hips/M was stable.

Some market players predict a greater deficit MSS/M in the second half of July. Manufacturers fear a shortage in the market of styrene monomer. The reason of this is scheduled outage capacity for the production of styrene and PS in Russia. Gazprom Neftekhim Salavat stopped the time between styrene monomer June 23. Preventive work on the production of styrene in Salavat will last until July 23. Then the company will stop operating time MSS/M In August is expected to stop capacity to produce styrene plant SIBUR-Khimprom. Preventive work will take a month.