Imports of polypropylene (PP) to the European market in December last year decreased by 16.85% compared with the same month a year earlier -. To 70.46 thousand tons, ICIS reported, citing data from the statistical agency Eurostat.

In December, 2015, this figure stood at 84.74 ths. Tons.

Meanwhile, exports of PP from the European Union to other international markets grew by 13.44% during the reporting period and amounted to 75.996 ths. Tons compared to 66.99 ths. Tons in December 2015.

According DataScope report in December last year, Russian companies have increased purchases of PP in the external markets, the final rate of import close to the level of 12.4 thousand. Tons compared to 10.6 thousand. Tons in November. The main supply growth fell to Pipe PP-Random (low export prices in Europe and the strengthening of the euro have done for the local producers of pipes external purchases attractive enough). In general, in January – December 2016 Russia imported 167.2 thousand tons of polypropylene against 151.2 thousand tons in the same period a year earlier… Negative supply increase was recorded only in the stat-propylene copolymer segment due to a serious increase in production of PP pipe from Stavrolen and Tomskneftekhim.