MOSCOW (MRC) -- Import supplies of pipe HDPE to the Russian market in January reduced by 25% compared to December and made 4.6 KT, according to MRC analysts.
Starting from October, the period of peak material supplies, the Russian companies have been systematically reducing the import supplies of pipe HDPE. In January overall imports of the pipe material fell to the level of 4.6 KT. Actually 7 companies now continue purchasing of pipe material in the external markets.
Now the Russian market doesn't face the problems with the availability of pipe materials. The Russian pipe colored PE100 is being supplied to the market notwithstanding some problems. Also the non-colored analogues are available in sufficient volumes.
The correction of prices for the Russian pipe PE is gradually continuing. By mid-February the price offer for the Russian colored PE80 and PE100 in the spot market has been fixed within the range of 62.500 - 64.500 RUB./t, including VAT, FCA.
The price for imported PE100 is significantly higher and it starts, on average, from 70.000 RUB./t, including VAT, СРТ. Some Asian suppliers of pipe HDPE have declared the growth of prices for March polymer shipment on average by USD 60/mt. The prices are expected to grow for the European PE by EUR 40-50/mt in March.