Import volumes over the reported period increased because in the beginning of the year there were left big volumes of stock inventories. 

Importers increased purchases because of the lower prices in Asia (in dollar terms). Further devaluation of the rouble and unjustified expectations of consumption in the season led to a decline in demand.

 

Following peak level in April imports has been falling for the fifth month in a row. Carryovers left from month to month led to a gradual decline in demand in the spot market. 

 

PET imports in Russia expectedly declined in September. Season came to an end, the real needs of PET chips processing market lso decreased.

September PET imports in Russia were about 11,000 tonnes, down 1,000 tonnes from the August level. 

 

Summing up the imports in the first three quarters, it should be noted the leadership of the Chinese suppliers. The share of Chinese PET increased to 75.6% from the total PET imports in Russia. Russia's imports of Chinese PET increased to 126,000 tonnes in January-September 2014, up 63% year on year.