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In April import of linear PE to Russia decreased by 16%

May 25/2012

MOSCOW (MRC) -- In April, Russian companies reduced the import of linear polyethylene to 11,900 tonnes. In January-April this year, the total import of LLDPE to Russia grew by 24% year on year, as per MRC analysts.


Last month, the total import of linear polyethylene by Russian companies decreased by 16% compared with the March figures and made about 11,900 tonnes. The main decline in foreign supplies fell on film polyethylene.

Recently, Russian companies, especially converters, found more difficult to deliver LLDPE to the domestic market. The customs authorities continue to increase pressure on importers: indicative prices at determining the customs value increased unreasonably, and volumes of LLDPE, cleared up with 10% import duties,  increased significantly (HS code 3901 90 9000). Many companies-importers freezed their assets seriously enough (cash security for imports of goods).


In January-April this year, the total import of linear polyethylene to Russia amounted to about 46,600 tonnes, up by 24% compared to the same period a year ago.


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Tags:PE, LLDPE.
Category:General News
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