PET exports from Russia significantly reduced in July
Export deliveries of Russian PET chips in July this year decreased by five times compared to the same period last year and amounted to 1,870 tonnes, according to a ScanPlast of Market Report.
In July 2018, export deliveries of PET chips from the country amounted to 7,690 tonnes.
Such low export volumes in July were a result of unfavorable market conditions and low prices in Europe and the USA.
Total esports of Russian PET chips decreased to 24,750 tonnes in January-July, down 49% year on year.
Supply of imported polyethylene terephthalate (PET) to the Russian market in July decreased by 7% compared with July 2018 and amounted to 15,580 tonnes.