Market Dynamics
PS imports in Ukraine reduced by 10% in the first six months of 2014
Time: 2014-07-14 Source from: www.mrcplast.com
MOSCOW (MRC) - Imports of high impact polystyrene (HIPS) and general purpose polystyrene (GPPS) in Ukraine were 12,000 tonnes in the first half of the year, down 10% compared with the same time a year earlier, as per ICIS-MRC Price Report.
The largest supplier of HIPS and GPPS in the country was Russia. Total imports of Russian GPPS and HIPS in Ukraine were 9,400 tonnes in January-June of 2014, compared with 9,600 tonnes year on year.
Despite the decline in imports of Russian polystyrene, demand for 585 brand GPPS by Nizhnekamskneftekhim production was good. Imports of 585 brand GPPS to the country were 1,700 tonnes in January-June 2014, up by 150 tonnes year on year. June imports of Russian GPPS and HIPS in Ukraine were 2,050 tonnes, up by 250 tonnes from the May level.
At the same time the concern Stirol, the only Ukrainian producer of GPPS and HIPS, continues to stay idle. The company is located in Gorlovka (Donetsk region). Market sources said that the plant will not be launched in the near future because of the tense situation in the region.