Russia: Price increases for standard thermoplastics

IranPolymer / Baspar With overall average demand, Russian prices for all standard thermoplastics rose in November. Polystyrene and PP extrusion types in particular felt the upswing. This is reported by the plastics information industry service (KI, Bad Homburg) in the current online report.

Due to a lack of supply, which is atypical for this season, PE-LD prices rose by around 2 percent in November. Although Ufaorgsintez and Kazanorgsintez had already resumed their production after maintenance in October 2020, the plants were not yet running at full capacity due to a lack of ethylene. High prices in Asia also attract Russian material to export. Market participants therefore expect prices to rise further in December.

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