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Russian PP prices rise, three producers are about to enter the maintenance period

 Last Update: 2023-01-13
 Source: Internet
 Author: User

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According to the MRC price report, Russian PP prices rose in late August as three producers are due to undergo scheduled outages in September-October
.

As of early August, the price of fiber-grade PP was 144,000-146,000 rubles/ton CPT Moscow (about 12,645-12,821 yuan/ton), including VAT
.

But a week later, strong demand and reduced supply pushed PP prices up to around Rs 147,000-152,000/t CPT Moscow (around Rs 12,908-13,348/t) including VAT
.

Scheduled maintenance by the three producers may further reduce PP supply; Stavrolen will undergo a 26-day outage from October 13; its PP plant is producing 120,000 tonnes
.

The overhaul of Poliom and Ufaorgsintez is scheduled for September and will last about two weeks
.

Poliom's PP plant has a capacity of 230,000 tonnes/year and Ufaorgsintez's capacity is 140,000 tonnes/year
.

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