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Polyethylene output up 9% in Russia

October 14/2009
MOSCOW (MRC) -- Over the course of January-August, polyethylene output went up by 9%, compared to the same period last year, and moved at 920.21 kt according to MRCs analysts.

During the reporting period, LDPE production remained at the level of the previous year at 437.99 kt. Buying activity in the film-grade LDPE market became stronger in August. Exports of film-grade feedstock have increased more than three times, this year. Tomskneftekhim seriously increased exports of LDPE used to produce general-purpose films. Exports of Tomskneftekhims 15803-020 grade moved at 115.4 kt after the eight months of the year.

HDPE output hiked by 12%; however, there was still lack of material in the markets of pipe and film grade HDPE.
Strong seasonal demand for pipe-grade HDPE and scheduled maintenance at some production units would only aggravate the market situation. Imports of pipe-grade material were limited in view of high PE prices in Europe and Asia. That index went down by 68% in January-August.

For more detailed information on the Russian polyethylene market, see Monthly reports.

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