PE imports to Ukraine down by 5% in January-November 2017

18 December 2017 12:23 Source:ICIS News

MOSCOW (MRC)--Imports of polyethylene (PE) into the Ukrainian market dropped in the first eleven months of 2017 by 5% year on year to 225,700 tonnes, according to MRC DataScope.

Overall PE imports decreased to 225,700 tonnes in January-November 2017, compared to 238,700 tonnes a year earlier, on lower demand for HDPE, while demand for other ethylene polymers increased.

In November alone, PE imports grew to 21,100 tonnes from 19,100 tonnes in October, as local companies increased their purchasing of linear low density polyethylene (LLDPE) and high density polyethylene (HDPE).

Last month, imports of HDPE into the Ukrainian market increased, and some local companies actively built up additional stocks of film HDPE, meaning November HDPE imports into the country were about 7,900 tonnes, compared with 6,900 tonnes in October.

Overall, HDPE imports reached 89,400 tonnes in the first eleven months of 2017, compared to 112,900 tonnes a year earlier. The largest reduction in imports came in the film HDPE sector as a result of the resumption of local production.

November LDPE imports into Ukraine remained practically steady from the October’s levels, totalling about 6,000 tonnes. Overall LDPE imports exceeded 61,400 tonnes over the stated period, up by 2% year on year.

Last month, LLDPE imports were 6,300 tonnes, compared to 4,300 tonnes in October, with stretch films producers accounting for an increase in demand.

Overall LLDPE imports grew to 60,600 tonnes in January-November 2017 from 53,400 tonnes a year earlier. The main increase in demand occurred for the local producers of the film production.

Imports of other PE grades, including ethylene-vinyl-acetate, totalled 14,200 tonnes over the stated period, compared to 12,100 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