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May imports of PET to Ukraine decreased by 36%

June 26/2013
MOSCOW (MRC) -- In May, imports of of bottle grade PET to Ukraine dropped by 36% from April to 19,380 tonnes, according to MRC DataScope.

After the record in April, imports of PET to Ukraine decreased by 11,000 tonnes. According to the source, the decline in supply was expected, since the stocks inventories of major market players have already been formed before.
Overall, converters said that the demand for finished goods is strong. The capacities of some companies can not cope with the current buying activity. Such strong demand this year has forced some companies to enlarge their processing capacities.

Chinese PET made the bulk of of the May imports to Ukraine. Leader in sales of Chinese material in Ukraine became Jiangsu Sanfangxiang (4,520 tonnes).

Over the January-Mayimports of PET to the Ukrainian domestic market totalled about 87,000 tonnes, up 18% (13,000 tonnes) year on year.
Author:Anna Larionova
Tags:PET, packaging, Jiangsu Sanfangxiang, Ukraine.
Category:General News
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