Russia’s SIBUR rolls over export EPS prices for June
Igor Grishenko
26-May-2016
MOSCOW (MRC)–
MOSCOW (MRC)–SIBUR, Russia’s largest producer of
expandable polystyrene (EPS), rolled over export
prices for Ukrainian consumers for June, according
to the ICIS-MRC Price report.
June export prices were announced to customers at the
beginning of the week. The informed
market sources said
SIBUR would export polystyrene (PS) from a
warehouse in Voronezh in June, however,
the plant’s export quantities were also
limited.
SIBUR’s export prices were announced in US dollars
to foreign markets. Prices for the Russian domestic
market are set in roubles.
As reported earlier, shipments of Russian polystyrene
(PS) and styrene plastics into foreign markets dropped in the
first quarter of 2016 by 7% year on year to 17,610
tonnes.
Exports to Belarus and Kazakhstan decreased, whereas shipments to Ukraine increased.
The EPS market was the exception with exports more
than doubling to 4,240 tonnes from 2,000 tonnes a year
earlier. Ukraine accounted for the main EPS shipments.
Igor Grishenko
MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.
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