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Analysis
Russian PP imports fall
According to analysts MRC, Russia's PP imports in the first nine months of this year have fallen by 19%.
The long logistics leg at delivery of copolymers from Asia is limiting PP availability in the Russian market. Nearly a half of PP imports belonged to the leading European producers: Borealis, LyondellBasell, INEOS.
Imports of PP-homo dropped by 19% and moved at 52.91 kt. Major imports share belonged to PP-homo produced by Turkmenbashynsky Refinery (29%) and Lisichansk Refinery (27%).
PP-random imports went up by 25%, up to 18.88 kt. Nearly a half of imports belonged to pipe-grade PP-random (for reference, the share of pipe-grade PP-random was at the level of only 15% of overall imports). Major volumes of imported pipe-grade PP-random belonged to material produced by Borealis and LyondellBasell (overall share was at about 83%).
