According to the results of the first two months of the year, the total volume of imports of polyethylene to Ukraine increased by 2% compared to the indicator of 2016 and amounted to about 39.7 thousand tons. The largest increase in deliveries fell on linear polyethylene (LLDPE) and ethylene vinyl acetate (EVA), according to the DataScope.
In February, external deliveries of polyethylene to Ukraine, despite the seasonal factor, increased to 21.5 thousand tons against 18.2 thousand tons a month earlier. Individual companies actively formed additional stocks of high-density polyethylene (LDPE) and LDL on the background of forecasts of a serious price increase in March. Overall, in January-February, the total volume of external supplies of polyethylene increased to 39.7 thousand tons against 38.9 thousand tons in the same period in 2016, all types of polyethylene except for low-density polyethylene (HDPE) increased.
The structure of supplies by types of polyethylene for the period under consideration is as follows.
Last month, a decrease in the volume of imports of low-pressure polyethylene to the Ukrainian market was recorded, the final figure was 6.8 thousand tons against 8.2 thousand tons a month earlier. Local companies went on a serious reduction in purchases of film and tubular HDPE due to excess supply and low demand for the corresponding products. In general, following the results of the first two months of the year, the total volume of import of HDPE exceeded 15 thousand tons against 19 thousand tons a year earlier, deliveries of polyethylene only for extrusion blow molding (EBM) increased.
The February high-pressure polyethylene import index rose to 6.6 thousand tons against 5.2 thousand tons a month earlier, against the backdrop of fairly low prices in Russia and Middle Eastern producers, individual companies actively formed additional LDP stocks for the period of spring demand growth. During the period under review, the total volume of imports of LDPE exceeded 11.8 thousand tons, which is 11% more than in 2016.
Last month, external deliveries of linear polyethylene amounted to about 6.7 thousand tons against 3.9 thousand tons in January, almost doubled the volume of purchases of local manufacturers of stretch films against the backdrop of forecasts of a serious price increase in March. In general, in January-February, LDL imports increased to 10.6 thousand tons against 7.9 thousand tons a year earlier. The main increase in demand was provided by manufacturers of film products and overall products manufactured by rotational molding.
Import of other types of polyethylene, including EVA, during the period under review amounted to about 2.2 thousand tons against 1.2 thousand tons a year earlier.