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GPPS and HIPS imports to Russian market grows by 11% in Jan-Nov 2019

December 17/2019

MOSCOW (MRC) -- Overall imports of general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) to Russia rose in the first eleven months of 2019 by 11% year on year to 44,700 tonnes, according to MRC"s DataScope report.

This figure was at 40,200 tonnes in January-November 2018.

At the same time, GPPS and HIPS imports to the Russian market slumped by 40% in November, totalling 3,600 tonnes versus 6,000 tonnes in November 2018. Imports of material into the country were 3,600 tonnes in October 2019.

GPPS imports to Russia grew in January-November 2019 by 25% year on year to 25,600 tonnes. Russian companies reduced their imports of material by 42% last month: from 4,000 tonnes in November 2018 to 2,300 tonnes, imports were 1,800 tonnes a month earlier.

HIPS imports to the Russian Federation continued to decline for the third month in a row. They were 1,300 tonnes in November 2019 versus 2,000 tonnes a year earlier and 1,800 tonnes in October 2019. Imports of material into the country dropped in the first eleven months of 2019 by 3% year on year to 19,100 tonnes.

European material of Styrolution, Versalis and Trinseo accounted for about 90% of HIPS shipments and 61% of GPPS deliveries. Iranian GPPS of Petropaak and Artan Petro accounted for about 18% of the total imports. Imports of Iranian material fell by 3 times in September, there were no shipments in October and November at all.
Author:Margaret Volkova
Tags:Europe, PS, GPPS, HIPS, Artan Petro, Petropaak Mashreq Zamin, Styrolution, Trinseo (Styron), Versalis, Iran, Russia.
Category:General News
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