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LDPE imports down 8% in Ukraine

October 21/2009
MOSCOW (MRC) -- Over the course of January-September, imports of low-density polyethylene (LDPE) in Ukraine went down by 8% (to 83.95 kt), as compared to the same period last year according to MRC. The share of Polymirs material (Belarus) moved at the level of 38% of overall LDPE imports. In view of a number of suspensions of Russian LDPE sites for scheduled maintenance, Belarusian polyethylene began to affect pricing in the Ukrainian market greatly.

Buying activity became much weaker in the Ukrainian LDPE market. High feedstock prices and big stocks turned out to be the main reasons of decreased demand on the part of converters.

Limited financial resources of Ukrainian converters, as well as high prices for Belarusian and Kazan polyethylene, facilitated demand for less expensive grades from Azerbaijan and the Republic of Bashkortostan. Imports from Azerbaijan were resumed at the end of September (0.36 kt).

For more detailed information on the Ukrainian polyethylene market, see DataScope.
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