Penoplex rolls over October PS prices for Russian market in November

Author: Margaret Volkova

2019/11/07

MOSCOW (MRC)--Penoplex, November prices of general purpose polystyrene (GPPS) for the Russian market, rolled over from October levels, according to ICIS-MRC Price report.

Thus, the company’s prices for November shipments will be in the range of Rb96,000-98,000/tonne, carriage paid to (CPT) Moscow, including VAT, this month.

Demand for material was strong, and the plant’s entire future monthly output was distributed among customers over the course of one day.

Penoplex – Russia’s largest producer of foaming polystyrene (PS) – raised its October selling GPPS prices by Rb2,000/tonne for Russian buyers.

MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.