According to the results of 2023, plastic exports from China to Russia increased by 20.1% in monetary terms to 4.45 billion dollars. writes about this Interfax With reference to data from the General Administration of Customs of the People’s Republic of China.
During the period, China’s revenue from polyethylene sales in the Russian Federation reached 190.5 million dollars (+29%). Cash proceeds from the sale of polypropylene and polystyrene increased to $114.48 million (+39.4%) and $62.87 million (+43.5%), respectively. At the same time, PVC exports decreased by 10.1% to $193.55 million.
At the same time, China reduced imports of Russian plastics and products made from them by 19% in monetary terms to 487.11 million dollars in 2023.
previous day reportedThat the production of the main raw materials of plastics in Europe has become unprofitable due to the deep crisis in the petrochemical industry. In recent quarters, steam crushers, the main production equipment of the sector, have been operating at losses of 65-75% of capacity. Experts accept that some factories may close in 2024.
Previously recognizedIt was stated that Germany’s chemical industry is facing problems due to the conflict in the Red Sea.