PP imports to Russia fall 7% January-April

16 May 2017 12:37 Source:ICIS News

MOSCOW (MRC)--Overall imports of polypropylene (PP) into Russia decreased in the first four months of 2017 by 7% year on year to 45,800 tonnes according to MRC’s DataScope report.

Russian companies reduced their PP imports last month because of high prices in foreign markets. April imports were 10,600 tonnes, compared to 13,500 tonnes in March.

 Overall, 45,800 tonnes of propylene polymers were imported into Russia in January-April 2017, compared to 49,300 tonnes a year earlier. Shipments of homopolymer PP fell significantly, whereas imports of propylene copolymers, on the contrary, increased.

April imports of homopolymer PP decreased to 3,300 tonnes from 4,300 tonnes a month earlier. Local companies reduced their shipments of homopolymer PP raffia from Central Asia. Overall imports of this PP grade reached 14,000 tonnes in the first four months of 2017, compared to 23,000 a year earlier.

Last month’s imports of PP block copolymers were 2,800 tonnes versus 4,400 tonnes in March. Local companies reduced their purchasing of PP block copolymers for pipes extrusion and injection moulding. Imports of PP block copolymers into Russia reached 13,600 tonnes in January-April 2017, compared to 9,700 tonnes a year earlier.

April imports of stat-propylene copolymers (PP-random) were slightly over 2,200 tonnes versus 2,000 tonnes a month earlier. Despite a sufficient supply of pipe grade PP, local pressure pipes producers  increased their purchasing in foreign markets. Overall imports of this grade of propylene copolymers were 8,700 tonnes in January-April 2017, compared to 8,500 tonnes a year earlier.

Imports of other propylene polymers totalled 9,500 tonnes over the stated period, compared to 8,100 tonnes a year earlier.

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

By Sergey Karaichentsev