The main reason for the reduction in PC imports was the depreciation of the rouble and, as a consequence, an increase in domestic product prices. Many market players also reported a decline in purchasing capacity of consumers because of the deterioration of economic situation in the country.

 

This has particularly affected small and medium-sized companies, which faced a shortage of working capital. In addition, the procedure of short and medium term bank lending has complicated. In connection with the current aggravation of the political situation, some converters are expected disruptions in the of European PC. 

 

At the moment, there is now shortage of the material in the market. However, in September, when seasonal demand will peak, the situation may change.

 

The only national producer of PC, Kazanorgsintez has opted for a strategy of gradual import substitution. In particular, it concerns the extrusion sector, which occupies about 80% of the market. However, having a production capacity of 65,000 tonnes/year, the plant will be unable to meet the demand fully. Consumption of PC for sheet extrusion in the year stands at 80,000 tonnes/year in the country.