India's PP export volume grows strongly

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India's PP export volume grew strongly

in the first five months of this fiscal year (from April 1, 2009 to March 31, 2010), India's polypropylene (PP) import and export volume increased strongly year-on-year

affected by the commissioning of the new export-oriented PP plant of Xincheng Industrial Company, the export volume of PP in India increased by 50% year-on-year in the first five months of this year, reaching 210000 tons; At the same time, the main types of straightening devices subject to strong domestic demand are: roller type (divided into horizontal type and vertical type); Pulley type (divided into single pulley and pulley block); Stimulated by the growth of winch, the import volume of PP increased by nearly three times year-on-year to 215000 tons

according to an Indian trader, "in the first five months of this fiscal year, domestic PP consumption in India increased by 30% year-on-year to 925000 tons, but part of the new demand was met by the 900000 ton/year PP plant newly built by Xincheng industry company." Two 450000 T/a PP production lines in Xincheng industry's new PP plant in Jamnagar, India, were put into operation in May and June this year. After the device was put into operation in another state, another 1million ton/year-old PP device of Xincheng Industrial Company in Jamnagar was mainly supplied to the domestic market

market participants said that due to the strong growth of domestic demand, India's exports of high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE) fell sharply by 75% year-on-year to 13000 tons in the first five months of this fiscal year. During this period, India's domestic HDPE consumption increased by 15% year-on-year to 540000 tons; LLDPE consumption increased by 21% year-on-year to 400000 tons. According to traders, in the first five months of this year, HDPE and LLD from the packaging field in India can also carry the lateral stressed PE with low requirements. The demand is very strong, which leads to a sharp decline in export volume

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