Some sources report that LDPE prices have already exceeded the EUR 1 350 per tonne.
Italian Versalis still not lifted a force majeure on shipments from its two LDPE plants in Ferrara and Ragusa. The company declared force majeure on deliveries from Ragusa in the middle of January. This plant in Ragusa Versalis can produce 165 thousand tons per year, of which accounted for LDPE 150 thousand tons, while the EVA -.. 15 thousand tons per year..
In addition, LyondellBasell has not yet completed scheduled maintenance at the plant for the production of LDPE and polypropylene (PP) in the city Vow (Aubette, France). LDPE production in the vow of one of the three largest production of LDPE in Europe. Power – 350 thousand tons of LDPE per year..
According to the price review ICIS-MRC, in the Russian market of LDPE is a high buying activity, also against the background of continuing price increases Kazanorgsintez stop for scheduled maintenance (for LDPE capacity – 225 thousand tons per year.). Repair work will be carried out for nearly 30 days, the company plans to fully resume production of LDPE by May 7th. If the beginning of March, the deal for the supply of 158-th JHA concluded in the range of 102 000-107 000 rubles. per ton, including VAT, CPT Moscow, by mid-April, prices increased up to 114 000-120 000 rubles. per ton, including VAT, CPT Moscow. Reported transactions and higher prices.