PP Q1 imports into Russia decrease by 1% year on year

18 April 2017 09:40 Source:ICIS News

(recasts, clarifying month in second paragraph)

MOSCOW (MRC)--Russia’s imports of polypropylene (PP) decreased to about 35,100 tonnes in the first three months of this year, down 1% year on year, according to MRC’s DataScope report.

Last month, Russian companies increased PP imports due to a rather low level of prices in foreign markets and a seasonal increase in demand for finished products. March PP imports into Russia exceeded 13,500 tonnes compared with 12,100 tonnes in February.

In general, PP imports into Russia totalled 35,100 tonnes in January-March 2017, compared with 35,600 tonnes a year previously.

PP imports in Russia over the reported period looked as follows.

q1 2017 pp imports russia

March imports of homopolymer PP into the country grew to 4,300 tonnes, compared with 3,900 tonnes in February. Local companies significantly increased homopolymer PP raffia imports from Central Asia.

Total imports of homopolymer PP raffia grade into Russia fell to just over 10,700 tonnes in January-March 2017, compared with 16,000 tonnes in Q1 2016.

Imports of PP block copolymers in Russia in March were about 4,400 tonnes against 3,500 tonnes in February. Local companies increased their purchasing of PP block copolymer for injection moulding.

Total imports of PP block copolymers into the country reached 10,800 tonnes in January-March 2017, compared with 7,700 tonnes year on year.

Imports of  stat-propylene copolymers (PP-random) in March slightly exceeded 2,000 tonnes, down from the 2,500 tonnes imported in February. Low seasonal demand for finished products forced local producers of pressure pipes to almost stop purchases of PP random copolymers in the foreign markets, while demand for the producers of films also fell.

Total imports of PP random copolymers in Russia were 6,500 tonnes in January-March 2017, compared with 6,100 tonnes year on year.

Imports of other propylene polymers for the reported period increased to about 7,100 tonnes compared with 5,800 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