Imports of PP plastic materials from the Korean market fell sharply

Import of plastic materials from the Korean market in March 2020 reached 105 thousand tons with a value of 133 million USD, up 8.3% in volume but down 2.7% in value compared to March 2019. In the first 4 months of 2020, the import of plastic materials from this market is estimated at 400 thousand tons with a value of 540 million USD, up 19.7% in volume and 0.8% in value over the same period in 2019.

Import of PP raw materials from the Korean market in March 2020 reached 30.7 thousand tons with a value of 33.9 million USD, down 33.7% in volume and down 32% in value compared to February. 2020, accounting for 31.6% of the total amount of plastic materials imported from this market. The average import price increased by 2.6%, reaching 1,106 USD/ton.

Import of PE plastic from the Korean market in March 2020 decreased by 8.9% in volume and 8.5% in value compared to February 2020, reaching 18.7 thousand tons with a value of 18.7 million USD. and accounted for 19.3% of total plastic materials imported from this market. The average import price increased by 0.4%, reaching 1,001 USD/ton.

Import of PET plastic from the Korean market in March 2020 decreased by 12.1% in volume and 17.1% in value compared to February 2020, reaching 10.8 thousand tons with a value of 10.1 million USD. and accounted for 11.2% of total plastic materials imported from this market. The average import price reached 933 USD/ton, down 5.7%.

Import of ABS plastic from the Korean market in March 2020 reached 4.7 thousand tons with a value of 7.6 million USD, down 4.6% in volume and 4.7% in value compared to February 2020. and accounted for 4.9% of total plastic materials imported from this market. The average import price decreased by 0.1%, reaching 1,605 USD/ton.

Import of EVA raw materials from the Korean market in March 2020 reached 4.6 thousand tons with a value of 9.3 million USD, up 10.6% in volume and up 13.2% in value compared to the previous month. February 2020, accounting for 4.7% of the total amount of plastic materials imported from this market. The average import price increased by 2.5%, reaching 2,025 USD/ton.