Market Dynamics
PE imports to Belarus dropped by 5.6% from January to August 2014
Time: 2014-10-24 Source from: mrcplast
The overall polyethylene (PE) imports into the Republic of Belarus decreased by 5.6% over the first eight months of 2014. The high density polyethylene (HDPE) market still demonstrated negative results, whereas demand for other PE grades increased this year, reported MRC analysts.
August PE imports into Belarus totalled 9,400 tonnes versus 9,600 tonnes last month. The overall PE imports dropped to 67,600 tonnes from January to August 2014 from 71,300 tonnes over the same period a year earlier.
The structure of PE imports by grades in the Republic of Belarus looks the following way over the stated period.
August imports of low density polyethylene (LDPE) and linear low density polyethylene (LLDPE) decreased by 10% from July (4,900 tonnes) to 4,400 tonnes. The overall imports of these PE grades reached 33,100 tonnes from January to August 2014 versus 29,400 tonnes a year earlier. The main PE suppliers to the local market were producers from Russia (about 4,800 tonnes) and Saudi Arabia (19,200 tonnes).
Imports of high -density polyethylene (HDPE) rose to 5,000 tonnes in August from 4,700 tonnes in July. At the same time, PE shipments from Russia continued to fall, which was offset by higher imports of Middle Eastern PE for the second consecutive month. The overall HDPE imports to Belarus fell over the stated period to 34,600 tonnes, down by 18% year on year.