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In August, the price of low-density polyethylene in the Russian market rose by more than 25%

 Last Update: 2022-08-24
 Source: Internet
 Author: User

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According to ICIS website news on August 28, due to strong demand, some factories were shut down for maintenance, and the price of low-density polyethylene (LDPE) in the Russian market continued to rise in August

Russian LDPE prices have started to rise due to the shutdown of Angarsk polymer plant and Gazprom neftekhim Salavat for maintenance

In August, the price growth momentum increased significantly due to strong demand and the simultaneous shutdown of three factories in September for maintenance

The Angarsk polymer plant was shut down for 30 days on June 22, the start-up was delayed until August 3, and polyethylene production was stopped again on August 10 due to problems with the ethylene unit

A similar situation occurred with Gazprom neftekhim Salavat

Kazanorgsintez reduced LDPE production in August due to ethylene shortages

Many sellers limited spot sales in August, and prices are adjusted weekly

September will be a tough month for consumers as three more factories shut down for maintenance

Ufaorgsintez will first be shut down for maintenance from August 29, and the repair work is scheduled to be completed by October 6
.

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[Plastic] The price of low-density polyethylene in the Russian market rose by more than 25% in August

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In August, the price of low-density polyethylene in the Russian market rose by more than 25%

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[Plastic] The price of low-density polyethylene in the Russian market rose by more than 25% in August