Railway product prices rose 5% m/m in October for Ukraine exports

Ukraine’s export prices for railway products, sold
mostly by the largest producer, Interpipe (INTHOL), were USD 1,511/t in
October, which is 5% more m/m and 13% higher yoy, according to Concorde
Capital’s analysis of UkrStat data.

The October prices are 8% above their 3Q21 average,
Concorde Capital’s calculations show.

Dmytro Khoroshun: The railway
product price increase that started in August is positive for Interpipe after a
year of stagnant prices.

However, prices might drop about 2% m/m in November
based on State Customs Service data.