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Geography of LLDPE imports to Russia considerably expanded

May 31/2011

MOSCOW (MRC) -- Import of linear polyethylene (LLDPE) to Russia is growing along with the geography of imports, according to ICIS-MRC Price Report

Low demand for LLDPE from the Asian market along with excessive offer from Middle East producers forced many companies to reorient their trade flows to the European markets, in particular, to Russia. In March, there appeared first offers of re-exported supplies of butene LLDPE from Asia. In April May, prices for polyethylene for the Russian market decreased that resulted in growing number of contracts from the Russian companies.  

In mid-May, there was linear polyethylene from Iran, Qatar, Libya, Brazil, Thailand in the Russian market, besides traditional European and South Korean suppliers. The range of prices is 61.000 64.000 RUB/t, including VAT, .

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