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EPS imports to Russia drop by 7% in Jan 2020

March 04/2020

MOSCOW (MRC) -- Overall imports of expandable polystyrene (EPS) to the Russian market decreased in January 2020 by 7% year on year to 1,400 tonnes, according to MRC"s DataScope report.

This figure was at 1,500 tonnes in January 2019.

At the same time, EPS imports to the country was also at around 1,500 tonnes a month earlier.

The Finnish producer Styrochem"s material accounted for the bulk of shipments - 57% of the total EPS imports. The Chinese company Loyal occupied the second position. Styrochem"s imports grew over the stated period by 39% year on year: from 600 tonnes to 800 tonnes. Loyal"s January shipments slumped by 70% year on year. from 2,700 tonnes to 4,100 tonnes.

Chinese imports have plummeted over the past four months. The share of deliveries from China was 21% in January 2020 versus 40% in January 2019 and 27% in December 2019.
Author:Margaret Volkova
Tags:PS, EPS, Loyal, Styrochem, China, Russia, Finland.
Category:General News
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