In July HDPE import to Russia decreased

In July, import supplies of low pressure polyethylene (HDPE) in the Russian market decreased to 24 KT, as per MRC analysts. Over the seven months, total volume of imported HDPE has grown to 172.6 KT, that is 44 % more than year on year.

This year the peak of HDPE deliveries was in April. After June level of 26.26 KT, the total volume of imported HDPE in July lowered to 23.82 KT.

The slight decrease in polyethylene imports was observed in such sectors, as extrusion coating of large diameter pipes, film extrusion and injection molding.

Since many Russian companies didn’t produce blown HDPE last month, it resulted in a sharp increase in imports of polyethylene for extrusion blow molding (EBM). In particular, the supply of blown HDPE by Shurtan GCC, nearly tripled (up to 1.7 KT).

In general, over the first seven months of this year, the largest import increase referred to pipe and film HDPE. Supplies of polyethylene in these sectors of consumption grew by 81% and 131% and made 44.5 KT and 24.3 KT, correspondingly.