The prices of low-pressure polyethylene pipes (HDPE) in the European market are kept at a higher level than quotations in the general polyethylene (PE) market, however, they fell slightly more than the June contract price reduction of raw materials – ethylene – EUR35 per tonne, ICIS sources said. Market.

Demand in the market is good, and the proposal is balanced. However, when prices fell in line with the drop in ethylene prices fairly quickly in June, some sellers were more flexible against the background of lowering the quotes of naphtha.

Tubular HDPE is mainly used in the construction sector, and the summer months are traditionally the best months for the sale of products.

According to the Price Review of ICIS-MRC, the Russian market of the HDPE is also continuing to gradually reduce prices. Ahead of the stop at once two productions (Gazprom Nefthim Salavat and Nizhnekamskneftekhim), but this factor does not affect the market. The HDPE market is proficient, the greatest excess of supply is noted in the segment of film and pipe PE.