Supply of Asian material decreased more than three times in the Russian
market. Russian companies are not hurrying to increase imports in view
of high prices for European and Asian
polyethylene.
Imports of pipe-grade
HDPE
produced by Korea Petrochemical, LyondellBasell and Daelim down more
three times, as well. Russian converters and traders have stopped
importing Korea Petrochemical’s P301E grade this year (for reference,
they imported 7.96 kt in 2008).
Supply of material produced by Ineos Polyolefins and Shurtan
Gas-Chemical Plant went down by nearly seven and six times,
respectively.
