MOSCOW (MRC) - Imported prices of  Asian bottle grade PET chips expectedly decreased in the CIS countries under the pressure of weak prices of feedstock. The price offers from Asian suppliers increased by USD50-70/tonne, according to ICIS-MRC Price Report.

 

Prices of Chinese PET with the freight to Novorossiysk will be USD965-1,000/tonne CIF, excluding VAT. Chinese PET in the port of Vostochny ranged at USD930-960/tonne CIF, excluding VAT.

 

Ukrainian companies reported prices for Chinese PET USD960-1,000/tonne CIF Odessa, excluding VAT on Monday.

Prices for Arab PET were heard earlier in the year at USD1,080/tonne CIF Odessa, excluding VAT. Consumers have not yet reported the prices for Middle Eastern PET. 

 

Kazakh companies have reported prices for Asian PET in the range of USD1,110-1,150/tonne DAP, Kazakhstan border, excluding VAT. The downtrend of Asian prices will affect the decline in prices for Belarusian consumers.

 

This week imported prices are expected to decrease further.