Market Dynamics
HDPE imports in Russia decreased by 11% in January - August 2014
Time: 2014-09-16 Source from: www.mrcplast.com
Imports of high density polyethylene (HDPE) in Russia decreased by 11% in the first eight months of this year.
The greatest decrease in imports occurred for PE for the production of films and extrusion coating of large-diameter pipes, according MRC DataScope report.
After the July surge in imports of injection moulding and pipe HDPE (30,600 tonnes), Russia"s imports of HDPE decreased to 27,200 tonnes in August. Total imports of HDPE to Russia decreased to 182,500 tonnes in January - August 2014, compared with 205,000 tonnes year on year. The greatest reduction occurred for HDPE for the production of films and extrusion coating of large-diameter pipes, while imports of blow moulding and pipe PE, on the contrary, increased.
Structure of HDPE imports over the reported period looked as follows. August imports of pipe HDPE in Russia decreased to 8,800 tonnes on price rise in the foreign markets, compared with 10,000 tonnes in July. Total imports of pipe PE in Russia were 51,300 tonnes in the first eight months of the year, up 5% year on year.
August imports of HDPE for extrusion coating of large-diameter pipes remained practically at the level of July and were 3,100 tonnes. Total imports of HDPE for extrusion coating of large-diameter pipes in Russia decreased to 38,800 tonnes in the first eight months of the year, down 26% year on year.
August imports of injection moulding HDPE in Russia decreased to 3,000 tonnes, compared with 5,400 tonnes in July on the back of a significant reduction of the supply from South Korea and Uzbekistan. Russia"s imports of injection moulding HDPE totalled 32,400 tonnes in the eight months of 2014, down 3% year on year.
August imports of blow moulding HDPE in Russia remained at the level of July at 5,000 tonnes. Russia"s imports of blow moulding HDPE totalled 29,400 tonnes in January - August of this year, up 17% year on year.
Russia"s imports of film HDPE imports continued to increase gradually. August imports of film HDPE in Russia grew to 6,000 tonnes, compared with 5,700 tonnes in July. Total imports of film HDPE in Russia were 22,000 tonnes in the first eight months of 2014, down 38% year on year.
Russia"s imports of HDPE in other sectors (cable extrusion, rotomoulding and etc) decreased to 8,800 tonnes in the first eight months of 2014, compared with 9,600 tonnes year on year.