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Polypropylene imports to Russia in January decreased twice

February 17/2011

MOSCOW (MRC) -- Import supplies of PP to the Russian market in January reduced more than twice and made 13.3 KT, according to MRC DataScope.

Expectedly serious reduction of supplies fell at raffia from Turkmenistan and Ukraine. In the first case the import supplies last month fell down to 3.9 KT while in December this parameter made more than 9 KT. In the second case in terms of limited production of injected PP-homo by the Russian producers, companies counted on purchasing of injection-molded grades in Ukraine.

Now the Russian market of raffia is surplus. The supplies to the domestic market from the Russian producers are more than efficient despite non-considerable production problems at some enterprises.

Market demand for raffia is still not high which is traditional for February. The prices from the beginning of the year grew up to the level of 58.600 Ц 59.500 RUB./t, including VAT, FCA.

Expectedly in January the supplies of pipe propylene co-polymers from South Korea as well as from Europe reduced more than twice. Also the imports of injection-molded copolymers of propylene reduced after December peak. In February a considerable swing in imports is not expected, according to preliminary data, PP supplies form the external suppliers will grow not more than by 20%.

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