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

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.

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).

mrcplast.com