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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