Market Dynamics

LLDPE imports to Russia rose by 1% from January to November 2014

Time: 2014-12-17 Source from: mrcplast
MOSCOW (MRC) -- Imports of linear low density polyethylene (LLDPE) into the Russian market grew by only 1% over the first eleven months of 2014. Stronger demand for LLDPE was registered only from producers of large items by rotational moulding, whereas demand in the key sector (film extrusion) remained at the same level as last year, according to MRC DataScope report.
 
November LLDPE imports to the Russian market fell to 16,900 tonnes from 17,700 tonnes in October on the back of weaker demand from multilayer films producers. The overall imports of this polyethylene (PE) grade to Russia increased to 192,900 tonnes from January to November 2014 versus 191,800 tonnes a year earlier. PE imports from key customers, films producers, actually remained at the last year"s level, whereas demand for LLDPE from producers of large items by rotational moulding rose by 9%.
 
The supply structure by consumption sectors looks the following was over the stated period.
 
Last month"s imports of film grade LLDPE decreased to 15,200 tonnes from 16,600 tonnes in October because of lower purchasing of multilayer films producers. The overall film grade LLDPE imports to Russia totalled 171,100 tonnes over the first eleven months of 2014, while last year the figure was 170,800 tonnes.
 
November imports of LLDPE for rotational moulding (large items production) totalled 464 tonnes versus 114 tonnes a month earlier. PE shipments to this processing sector grew by 9% over the said period to 10,700 tonnes. Two Asian manufacturers - Lotte Chemical and SCG Chemicals - kept the key position in this market.
 
LLDPE imports from other sectors of consumption (lamination, cable extrusion, compounding, moulding, pipe extrusion, etc.) fell to 11,100 tonnes from January to November of 2014 versus 11,300 tonnes a year earlier.
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