MOSCOW (MRC) -- Weekly news
1. PE imports to Ukraine increased by 1% in the first half of 2013
August 02/2013
MOSCOW (MRC) - After the surge in April polyethylene (PE) imports to Ukraine is gradually going down on the back of a general decline in consumer activity. PE imports to Ukraine in the first half of the year grew only by 1%, according to MRC DataScope. PE imports to Ukraine in June 2013 fell to 26,000 tonnes, while in May it was 27,100 tonnes. Ukrainian PE imports in the first half of the year totalled about 156,000 tonnes, up by 1% year on year.
Such a small increase in demand resulted from the general economic situation in the country (the index of processing industries declined in the first half of the year by 7.4%), while in the previous two years, the average annual increase in demand for polyethylene was 5%.
2.PET imports to Ukraine increased by 13% in the first half of 2013
August 02/2013
MOSCOW (MRC) - Imports of bottle grade PET to Ukraine have increased on the back of stronger demand. Thus, imports of PET granulate to Ukraine in the first half of the year grew by 13%, according to MRC DataScope.
In general, Ukrainian PET imports in January-June 2013 totalled 101,000 tonnes, compared with 89.500 tonnes year on year. PET imports to Ukraine in June decreased by 5,400 tonnes from May level and was 14,000 tonnes. The decline in imports was seen for the second consecutive month and resulted from the two main factors. Firstly, converters have built up large stock inventories following the surge in imports in April. Secondly, converters anticipated significant fall of Chinese PET prices in June. The buyers feared a repetition of the situation in 2012, so they did not increase their PET purchases.
3. Ukrainian SPVC imports grew by 74% in the first half of 2013
August 01/2013
MOSCOW (MRC) - Imports of suspension polyvinyl chloride (SPVC) to Ukraine increased by 74% in the first half of this year, according to MRC DataScope report. Imports of SPVC to Ukraine in June on the back of seasonal factors rose by one-third compared with the May figure and totalled about 13,000 tonnes. The shutdown of Ukrainian producer Karpatneftekhim (group Lukoil) in the current year has led to an increase in imports of SPVC to 61,000 tonnes, up by 74% compared with 2012. US producers producers accounted for the largest increase in SPVC supply, with more than 31,000 tonnes, which accounted for 53% of total Ukrainian SPVC imports. SPVC imports from Hungary and Poland in the first half of the year totalled 13,500 tonnes and 10,400 tonnes, accounting for 23% and 18% respectively of the total imports.
4. PVC imports to Kazakhstan grew by 20% in H1 2013
July 31/2013
MOSCOW (MRC) -- Imports of suspension polyvinyl chloride (PVC-S) to Kazakhstan in the first six months of 2013 rose by 20%, according to MRC DataScope. Kazakh companies in June increased imports of PVC-S up to 4,000 tonnes from 1,500 tonnes in May. Overall, imports of PVC to Kazakhstan in the first half of the year totalled 12,900 tonnes, whereas last year this index amounted to 10,800 tonnes.
5. HDPE imports to Kazakhstan increased by 2% in first half of 2013
July 31/2013
MOSCOW (MRC) - Kazakh imports of high-density polyethylene (HDPE) in the first half of 2013 grew only by 2% on the back of a weaker demand from the main consuming sectors, according to MRC analysts. Imports of HDPE to Kazakhstan in June 2013 exceeded 8,500 tonnes, while in May it was 7,400 tonnes. In general, HDPE imports in the first half of the year 2013 to Kazakhstan totalled about 48,000 tonnes, from 47,200 tonnes year on year. Such a small increase in demand for HDPE in the first half of the year resulted from a sluggish demand for polyethylene from the producers of pipes (the share of pipe HDPE in the total consumption of the country accounts for more than 70%) and overall situation in the industry (production of polymers and rubber have risen in the first half of the year only by 1 , 2%).
6. Prices of Chinese PVC continue to rise for the Russian market
MOSCOW (MRC) -- Chinese producers of acetylene polyvinyl chloride (PVC) again raised the export price for the Russian market by USD20/tonne, according to ICIS-MRC Price Report. After a prolonged stable pricing Chinese producers of acetylene PVC firstly increased exports prices in mid-July by USD20/tonne. The second price increase was announced last week and also made USD20/tonne. As a result, export prices of Chinese acetylene PVC for the Russian market grew to USD930-960/tonne DAP Dostyk. Chinese producers explained the necessity of price increase by the uptrend in the domestic market. Russian companies significantly reduced their purchases of Chinese resin in May and June because of the weaker prices and oversupply in the Russian PVC market. In July they continued to cut PVC purchases.
7. Prices of Russian PVC will rise in August
MOSCOW (MRC) -- Russian polyvinyl chloride (PVC) producers are going to raise contract PVC prices in August, according to ICIS-MRC Price report. Negotiations on Russian contract PVC prices for August began this week. SayanskKhimPlast has already announced an increase in its August contract prices by USD1,000/tonne from July. Other Russian producers - Bashkir Soda Company (formerly Kaustik, Sterlitamak) and Kaustik (Volgograd) - intend to increase contract prices as well. Russian producers (particularly, SayanskKhimPlast) explain the necessity of the growth of contract PVC prices by both increasing demand on the back of tight supply and higher prices for imported material (devaluation of the rouble has increased prices of imported PVC by more than 3%).
MRC