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GPPS and HIPS imports to Russian market grows by 39% in Jan-Feb 2020

March 25/2020

MOSCOW (MRC) -- Overall imports of general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) to Russia rose in January-February 2020 by 39% year on year to 8,100 tonnes, according to MRC"s DataScope report.

This figure was at 5,800 tonnes in January-February 2019.

At the same time, last month"s GPPS and HIPS imports to the Russian market grew by 28% to 3,800 tonnes from 2,900 tonnes in February 2019. Imports of material into the country were 4,300 tonnes in January 2020.

GPPS imports to Russia grew in January-February 2020 by 71% year on year, totalling 5,600 tonnes.

Russian companies increased their imports of material by 66% last month: from 1,600 tonnes in February 2019 to 2,600 tonnes, imports were 3,000 tonnes a month earlier.

HIPS imports have continued to decline since September 2019. They were 1,200 tonnes in February 2020 versus 1,400 tonnes a month earlier and 1,300 tonnes in February 2019. However, imports remained virtually unchanged year on year in the first two months of 2020, totalling 2,500 tonnes.

European material of Styrolution and Versalis accounted for about 90% of HIPS and GPPS shipments.
Author:Margaret Volkova
Tags:PS, GPPS, HIPS, Styrolution, Versalis, Russia.
Category:General News
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