October export prices for Europe PE for CIS countries mixed
Sergey Karaichentsev
10-Oct-2016
MOSCOW (MRC)–October export prices for Europe
polyethylene (PE) to CIS countries are mixed as not all
producers have increased values despite a rise in the monthly
ethylene contract which was
agreed up €15/tonne, according to ICIS-MRC Price
Report.
Negotiations on export prices began this
week with many market participants reporting that in most
cases the export polyethylene prices have been kept at the
level of September. At the same time prices for some grades
have increased and decreased as well.
October deals for high density polyethylene (HDPE) were done in the range €1,090-1,180/tonne FCA (free carrier), while the September deals had been done in the range of €1,090-1,160/tonne.
Negotiations on black pipe PE100 were done in the range
of €1,170- 1,220/tonne FCA, while the September deals had
been done in the range of €1,220- 1,270/tonne.
Deals for October shipments of
high-density polyethylene (LDPE) were discussed in the range
of €1,190-1,250/tonne FCA, which corresponds to the September
level of prices.
Many market participants said export quotas from European producers remained limited, partly because of shutdowns for scheduled maintenance works.
Shipments of producers from Hungary, Serbia and Czech Republic are restricted.
MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.
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