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Imports of Iranian PS to Russia rose significantly in August

September 20/2019

MOSCOW (MRC) -- Shipments of general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) from Iran to Russia increased in August almost by four times from the previous month, totalling 920 tonnes versus 240 tonnes in July, according to MRC"s DataScope report.

Imports from Iran were 420 tonnes in August 2018.
Producers Artan Petro and Petropaak with the share of 62% and 35%, respectively, accounted for the bulk of shipments from Iran.

At present, Iran is the third largest country supplying polystyrene (PS) to Russia after Belgium and South Korea.  Thus, the share of Iranian material was 14% in January-August 2019, whereas that of Belgium was 37% and of South Korean - 22%.

PS shipments from Iran to the Russian market grew by 89% year on year in January-August 2019 to 5,040 tonnes from 2,670 tonnes a year earlier.
Author:Margaret Volkova
Tags:PS, GPPS, HIPS, Belgium, Iran, Russia, South Korea.
Category:General News
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