MOSCOW (MRC) -- August imports of polyethylene (PE) and polypropylene (PP) fell by 13% from July. PP accounted for the main decrease in shipments, reported MRC analysts.
The August PE and PP imports to Belarus dropped to 14,900 tonnes from 17,100 tonnes in July. PP accounted for the largest decline in supplies on higher prices in Europe and limited export quotas from Russian producers.
High density polyethylene (HDPE) is the only polyolefin, imports of which to Belarus rose in August. The overall imports grew up to 5,400 tonnes from 5,300 tonnes in July. The key HDPE suppliers are still Russian producers with a share of about 56%.
The overall HDPE imports to Belarus increased by a quarter to 42,200 tonnes in the first eight months of 2013. Imports of low density polyethylene (LDPE) and linear low density polyethylene (LLDPE) dropped by 21% in August from July and totalled about 3,000 tonnes. Saudi Arabian PE accounted for about half of the total imports.
The overall imports of LDPE and LLDPE fell to 29,400 tonnes in January-August 2013 from 38,700 tonnes a year earlier.
Imports of homopolymer of propylene (homopolymer PP) and copolymers of propylene decreased by 12% and 31%, respectively, from July and amounted to 4,700 tonnes and 1,800 tonnes, respectively. The main reasons for the reduction are limited export quotas from Russian producers (for homopolymer PP) and higher prices in Europe (for copolymers of propylene).
The overall import of homopolymer PP and copolymers of propylene to Belarus in the first eight months of the year totalled 39,100 tonnes and 14,300 tonnes, respectively, while in the same period of 2012 it was 40,700 tonnes and 14,400 tonnes, respectively.
MRC