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PP imports to Kazakhstan up by 18% in Jan-July 2020, exports down by 7%

September 21/2020

MOSCOW (MRC) -- Polypropylene (PP) imports into Kazakhstan rose in January-July 2020 by 18% year on year, exceeding 25,000 tonnes, whereas PP exports, conversely, decreased by 7%, reported MRC analysts.

July 2020 PP shipments to Kazakhstan fell to 3,300 tonnes from 4,900 tonnes a month earlier, local converters reduced their purchasing of homopolymer of propylene (homopolymer PP) in Uzbekistan and Russia. Overall PP imports exceeded 25,000 tonnes in the first seven months of 2020, compared to 21,300 tonnes a year earlier. At the same time, the forced shutdown for a turnaround at the local producer"s production capacities led to lower export sales.

July imports of homopolymer PP and propylene copolymers decreased to 2,800 tonnes and 407 tonnes, respectively, versus over 4,200 tonnes and 613 tonnes a month earlier, local companies significantly reduced their PP purchases from Russian and Uzbek producers. Overall imports of homopolymer PP and propylene copolymers reached 21,000 tonnes and 4,100 tons, respectively, in January-July 2020, compared to 17,100 tonnes and 4,200 tonnes a year earlier.

Kazakhstan exported 11,500 tonnes of PP in the first seven months of 2020, whereas this figure was 12,300 tonnes a year earlier. Such a decrease in exports was caused by the long and forced outage of the local producer - Neftekhim LTD - in late April- June 2020.

Author:Margaret Volkova
Tags:PP, homopolymer PP, sopolimeri propilena, Neftekhim Ltd, Kazakhstan, Russia, Uzbekistan.
Category:General News
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