Prices of imported suppliers of expandable polystyrene (EPS-C) for buyers in CIS grow rapidly against the background of rise in price of styrene monomer, according to MRC Price Report.

On raising the prices of Chinese PSV-C reported importing from Russia and Ukraine. Last week, the price of EPS were sounded in the hallway USD1 300-1 320 per ton CIF Odessa. Today offers a Chinese manufacturer was announced at the level of USD1 417 per tonne CIF Odessa, excluding VAT.

Increasing the price of USD100 per tonne has confirmed one of the imports in Russia. According to the source, the price rose to a level of USD1 430 per tonne CIF Saint Petersburg, excluding VAT.

EPS supplier justify raising prices soaring spot styrene prices in Asia in early November.

Also in November, revised upwards quotes European manufacturers of polystyrene (PS) and styrene plastics. Contraries styrene prices in Europe increased in November at EUR35 per tonne. In turn, the Polish manufacturer of EPS – by Synthos company – raised the price of exports to Ukraine and Russia at EUR20 per tonne.

At the same time buyers in Ukraine reported a decline in prices of Russian PSV-C SIBUR production for delivery in November at USD15 per ton relative to the October producer prices.