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GPPS and HIPS imports to Russian market up by 50% in January 2020

March 03/2020

MOSCOW (MRC) -- Overall imports of general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) to Russia rose in the first month of 2020 by 50% year on year to 4,340 tonnes, according to MRC"s DataScope report.

This figure was at 2,880 tonnes in January 2019.

GPPS and HIPS imports into the country were at 3,520 tonnes in December 2019. 

At the same time, Russian companies increased their GPPS imports by 76% last month: from 1,680 tonnes in January 2019 to 2,960 tonnes, imports were 2,470 tonnes a month earlier.

January 2020 HIPS shipments rose by 14% to 1,370 tonnes from 1,200 tonnes a year earlier. Imports of material were at 1,050 tonnes in December 2019.

European material of Styrolution accounted for about 90% of GPPS shipments and 71% of HIPS deliveries.

Thus, Styrolution" GPPS imports rose in January 2020 by 2.5 times year on year, reaching 2,660 tonnes versus 1,050 tonnes a year earlier.

January HIPS imports also grew by 39% year on year: from 700 tonnes to 980 tonnes.

Iranian material has not been imported into the country since last October.
Author:Margaret Volkova
Tags:Europe, PS, GPPS, HIPS, Styrolution, Russia.
Category:General News
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