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Russia’s Ufaorgsintez raises PP prices

by ChemOrbis Editorial Team -
  • 09/06/2015 (18:22)
A source close to Russia’s Ufaorgsintez reported that producer increased their PP prices starting from June 2, adding that the producer will implement another increase effective as of June 10, 2015. The producer raised its prices by RUB500/ton ($9/ton) on June 2 and will make an identical increase on June 10.

The producer’s new prices reportedly stand at RUB78500/ton ($1197/ton without VAT) for PP raffia and at RUB79800/ton ($1217/ton without VAT) for homo-PP injection whille prices for PPBC pipe type 2 and PPRC pipe type 3 were stable from the begining of June at RUB91500/ton ($1394/ton without VAT) and RUB93000/ton ($1417/ton without VAT), repsectively, all on an ex-works Ufa, cash inc VAT basis.

Ufaorgsintez is able to produce 120,000 tons/year of PP and 100,000 tons/year of LDPE.
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