Turkish manufacturer of polymers of Petkim Company, the controlling shareholder of which is the Azerbaijan of SOCAR, July 11 raised the prices of high-density polyethylene (LDPE) at USD15 per ton, according to ICIS company source.

LDPE prices last week were stable against the background of the celebration of Eid al-Fitr. In this market players expect price increases after the start of activity.

This left the polypropylene producer prices (PP), high density polyethylene (HDPE) and polyvinylchloride (PVC) unchanged.

According to the price review ICIS-MRC, offer LDPE in Russia last week was enough, in spite of the simple of two manufacturers. Demand for low PE, processors for the most part continue to restock as needed. Transactions on the supply of LDPE with Angarsk RFP concluded at the level of 105,000 rubles. / T, including VAT, FCA Angarsk.

Petkim Petrokimya Holding A.S. – Turkish Chemical Company. The controlling stake (61.32%) is the State Oil Company of Azerbaijan Republic (SOCAR). The remaining shares are owned by TURCAS. The company carries out the production of polymers (PE, PP, PVC, PA), detergents, packaging and so on. N.