In July PET import to Ukraine grew twice

MOSCOW (MRC) -- The Ukrainian market of PET packaging continues to grow. In July, imports of PET-granulate increased more than twice and made about 26 KT, according to MRC DataScope.

July appeared quite productive for converters of PET-granulate. Following the results of the month, deliveries of granulate to the Ukrainian market made nearly 26 KT, while in June about 12 KT of PET feedstock was imported.

One of the main reasons for such a significant increase in supply was quite an attractive price at which converters and traders contracted in May-June.

There were notable changes in the structure of supplies. Ukrainian tend to orient at purchasing of cheap materials in China. The share of Chinese PET made about 20 KT of the total supply. Shanghai Hengyi Polyester and Jiangsu Sanfangxiang were main suppliers for Ukrainian companies.

mrcplast.com