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PC imports to Russia almost halve in Jan-Apr 2021

June 10/2021

MOSCOW (MRC) -- On the back of an acute shortage of European material and high polycarbonate (PC) prices in Asia, imports of PC granules into Russia (excluding shipments from Belarus) decreased in the first four months of 2021 almost by 2 times year on year to 4,400 tonnes, according to MRC"s DataScope report.

Imports of material into the country were 8,100 tonnes in January-April 2020. Imports, excluding imports to Belarus, were 990 tonnes last months versus 2,000 tonnes in April 2020. March 2021 imports of PC granules were 1,220 tonnes.

Extrusion grade PC accounted for the reduction in imports. Its share in the total imports of material into the Russian Federation was 22% (990 tonnes) versus 71% (5,800 tonnes) a year earlier. The share of injection moulding grades rose to 67% (3,000 tonnes) in the January-April 2021 versus the share of 23% (1,900 tonnes) a year earlier.

Covestro (with the share of 50%) and Sabic Innovative Plastics (22%) were the main import suppliers of PC granules. Both producers significantly reduced their shipments in 2021. Thus, imports of Covestro"s material fell by 27% in the first four months of 2021: from 3,000 tonnes a year earlier to 2,200 tonnes. Sabic"s shipments decreased even more - to 970 tonnes (excluding Belarusian imports) from 4,300 tonnes a year earlier.
Author:Margaret Volkova
Tags:Asia, Europe, PC, injection moulding, sheet extrusion, Covestro, Sabic, Russia.
Category:General News
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