MOSCOW (MRC) -- Growth of volume polymers (polyethylene, PVC,
polypropylene, polystyrene and PET) in Russia in 2010 exceeded all forecasts.
Market capacity grew last year by 1 mln tons and reached the level
of 4.5 mln tons (+28%), according to MRC Annual
Reports. As per one of the main top-managers of the Russian
market, President of SIBUR, D.Konov, 2010 was the year between crisis and
future, at that in 2010 there was "unexpected growth even for us".
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Within a new service - MRC Video – MRC prepared Infographics abouth the
situation in the Russian polymers market. In the Infographics You may hear the
opinion of leading experts in FSU market of polymers concerning balance and
formation of pricing in the internal market of Russia.
The growth of consumption along with limits in reduction of internal
prices because of «logistic shield» brought the Russan market to the “market
of the seller». Within next three-five years polymers market will
remain in such situation and it will support high prices for converters. This
seems to be the main summary of MRC Annual
reports.
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In theory prices for polymers as well as a share of domestic producers in
the internal market may be reduced after Russia’s joining WTO that may occur
till the end of 2011. But, from our point of view, sharp changes aren’t expected
in the market and the average custom for polymers will reduce from current 10%
to the world’s average 4-6.5% not at once but within the transition period,
let’s say, 5 years.
To download file with Infographics is available here (20 Mb). To watch the Infographics video, please,
save the file and open in Acrobat Reader of 9.4.0 version and higher. You can
download it for free here. Detailed information on development of volume
polymers markets in Russia is presented in MRC Annual
reports.
mrcplast.com
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