PE imports into Kazakhstan drop by 19% in January-July

01 September 2016 10:53 Source:ICIS News

MOSCOW (MRC)--Imports of polyethylene (PE) into Kazakhstan dropped to about 53,500 tonnes in January-July 2016, down 19% compared with the same time a year earlier, according to MRC analysts.

The main decrease in imports occurred for high density polyethylene (HDPE).

July PE imports into Kazakhstan decreased to 4,700 tonnes, compared with 7,300 tonnes in June. Local companies reduced the volume of purchases of HDPE, in particular producers of pipes. Total PE imports into the country were about 53,500 tonnes in January - July 2016, compared with 66,200 tonnes in the same time a year earlier.

Demand for HDPE and low density polyethylene (LDPE) decreased over the reported period, while the need for linear low density polyethylene (LLDPE), on the contrary, increased.

Structure of PE imports into the country in the reporting period was as follows.

July HDPE imports into Kazakhstan dropped to 2,700 tonnes from 5,100 tonnes a month earlier. The main reduction in deliveries accounted for the local pipe producers, who for the second month in a row since June reduced the volume of HDPE purchases because of the low demand for finished products and excess purchases in the beginning of the year.

Kazakhstan's HDPE imports totalled about 39,800 tonnes in the first seven months of the year, down 23% year on year.

July imports of LDPE by local companies reduced to 1,600 tonnes against 1,700 tonnes, a reduction largely resulted from export quota restrictions from Russian producers.

Total imports of LDPE into the country were about 10,900 tonnes in the first seven months of the year, down 8% year on year.

Purchases of LLDPE from local companies in July remained at the level of June amounted to about 400 tonnes. LLDPE imports reached about 2,800 tonnes in January-July versus 2,400 tonnes in the same time a year earlier.

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

By Sergey Karaichentsev