Ukraine Temporarily Suspended LDPE Sales
OREANDA-NEWS. April 28, 2012. On the back of results of export trades in Belarus and desire of Russian producers to increase May prices, Ukrainian traders temporarily suspended LDPE sales, according to MRC analysts.
Export prices for LDPE in May grew at export trades in Belarus by EUR200/tonne. At the beginning of the month export quotations at trades were fixed for the Ukrainian market within EUR1,150-1,180/tonne, FCA Novopolotsk.
Russian producers also said about necessity to increase export prices for the Ukrainian market following the internal deficit. This week the USD50-100/tonne increase of May prices was discussed in comparison to April level.
Following a serious export price hike in Belarus and announced growth of export prcies for the Russian LDPE, Ukrainian companies temporarily suspended sales. Yet at the beginning of the month Russian and Belarusian 158 LDPE was offered within hryvnya (UAH) 16,300-16,500/tonne, VAT included, СРТ Кiеv.
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