Russian producers announce increases in February PE and PP prices

MOSCOW (MRC) -- Contrary to many market participants' expectations, some Russian producers have announced an increase of Rb2,000-7,000/tonne from January in polyethylene (PE) and polypropylene (PP) prices for February deliveries,  according to ICIS-MRC Price report.Spot PE and PP prices in the Russian market peaked in December, and all producers announced a price reduction of Rb5,000-10,0

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