MOSCOW (MRC) - Stable work of Russian producers and weakening demand in the domestic market reduced imports of high density polyethylene (HDPE) to Russia by 21% in January-September of this year, according to MRC report DataScope.
HDPE imports of HDPE to Russia fell to 230,000 tonnes in the first nine months of this year compared to 290,000 tonnes in the same period in 2012.
Stable work of Russian producers (Stavrolen stood idle because of an accident in October 2012; long-time maintenance works at Gazprom neftekhim Salavat) and a decrease in demand in certain sectors of consumption (production of pipes, cables and wires) have greatly reduced the dependence of the Russian market from imports.
The structure of imports by sector consumption in the first nine months was as follows. Imports of pipe HDPE fell to 57,000 tonnes against 83,000 tonnes year on year. Major market participants said weak demand for finished plastic pipes (due to the reduced investment in infrastructure) and stronger supply of polyethylene from Russian producers have resulted in imports decline.
External supplies of film and blow moulding HDPE totalled about 37,400 tonnes and 27,600 tonnes, respectively, against 76,600 tonnes and 36,100 tonnes in the previous year.
At the same time, imports of extrusion (for the coatings of large diameter steel pipes) and injection moulding HDPE increased to 57,300 tonnes and 40,000 tonnes in the first nine months of this year, against 45,900 tonnes and 36,100 tonnes respectively, a year earlier.
MRC