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Imports of PET to Ukraine rose by 78% in February

March 22/2013

MOSCOW (MRC) -- The February volumes of PET import to Ukraine increased by 78% from January, which equals to more than 7,300 tonnes of bottle PET granulate, according to MRC DataScope.

Totally, last month, Ukrainian companies shipped  about 15,900 tonnes of granulate. The growth of imports was anticipated and justified by both a seasonal factor and attractive PET prices in the foreign markets in December, 2012. On the beginning of an upward price trend, Ukrainian companies increased purchasing volumes to generate stocks in preparation for the season.

For the second consecutive month there have been no shipments of Korean PET granulate. In February, the lion"s share of imports accounted for the Chinese granulate brands, to the detriment of Korean PET. Totally, about 12,000 tonnes of Chinese PET of China Resources Chemicals, Dragon Special Resin, SK Chemicals, Jiangsu Sanfangxiang, etc. origin arrived in the Ukrainian market last month.

Among the new trends, a sharp increase in Lithuanian imports of PET in 2013 should be noted. In February, imports of Lithuanian PET rose by 700 tonnes and made about 3,500 tonnes. For the first time in 2013, the world"s largest producer of PET -  Indorama Polymers - entered the Ukrainian market. In February, Indorama Polymers" import share of PET from the Lithuanian plant made about 700 tonnes.
Author:Margaret Volkova
Tags:PET, granulate, PET bottles, China Resources Chemicals, Dragon Special Resin, Jiangsu Sanfangxiang, SK Chemicals, Ukraine.
Category:General News
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