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Estimated PP consumption up 6.5 times in Ukraine in January

March 01/2010
MOSCOW (MRC) -- Estimated polypropylene consumption went up by more than 6.5 times (to 9.97 kt) in Ukraine in January 2010, compared to the same month of the previous year according to the MRC Monthly Report.
Estimated PP consumption up 6.5 times in Ukraine in January

Estimated PP-homo consumption increased nearly two times compared to December. Buying activity became stronger because many market players began to build up their stocks.


All problems with supply of oil to Lisichansk Refinery were settled at the end of December. Linoss output was back to the normal level and amounted to 8.24 kt.

PP-homo exports fell by 50% compared to December 2009; however, export volumes are still high (2.96 kt). There is no shortage of PP-homo despite high exports. Lack of Ukrainian PP-homo was covered by Russian feedstock. The share of Russian PP-homo moved at 50% of overall PP-homo imports in January.

 

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For more detailed information on the Ukrainian PP market, see Monthly Report.

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