LLDPE imports to Russia fall 53% in January 2016

Sergey Karaichentsev

11-Feb-2016

MOSCOW (MRC)–January total imports of linear low density polyethylene (LLDPE) into the Russian market decreased by 53% month on month to 7,800 tonnes, caused by both excessive purchasing in December and a major fall in demand, according to a MRC DataScope report on Thursday.

January LLDPE imports to the Russian market slumped from 16,300 tonnes a month earlier, with local films producers accounting for the bulk of reduction.

Excessive purchasing of polyethylene (PE) in December and the long New Year holidays were one of the reasons for weaker demand for LLDPE.

Some companies also said they were forced to limit their purchasing because of the weakening of the rouble, which made this material expensive for processing.

LLDPE Russia imports

The structure of LLDPE imports by consumption sectors looked the following way over the stated period.

January’s imports of film grade LLDPE dropped to 6,800 tonnes from 14,400 tonnes a month earlier. Both local producers of stretch films and multilayer films producers reduced their PE purchasing.

Nizhnekamskneftekhim’s plans to resume LLDPE production in February affected the decision of stretch films producers to reduce their January LLDPE purchasing.

January LLDPE imports to the other consumption sectors (rotational moulding, cable extrusion, lamination of paper, injection moulding, etc.) did not exceed a total of 1,000 tonnes versus 2,000 tonnes in December.

The decrease in demand for PE from these segments was caused by weak demand for finished products, particularly from producers of large items by rotational moulding and cable and wire products.

MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan


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