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12.05.2016

Metafrax Gets in the First Twenty Biggest Exporters of the Urals and the Western Siberia

Metafrax Gets in the First Twenty Biggest Exporters of the Urals and the Western Siberia

Group of Companies Metafrax saved its positions in the first twenty of the traditional rating of the biggest exporters in the Urals and the Western Siberia that had been published by magazine Expert-Ural.

In 2015, the company export volume made 228 million dollars, decreasing by 14% comparing to 2014. The number of importer countries decreased as well to 14.

Oleg MAMAEV, General Director of Trade House Metafrax:

Despite of the export prices decreasing to 30% in the first quarter, Metafrax, if necessary, is ready to immediately redistribute the product flows. Moreover, the necessary amount of the annual contracts had been concluded in the end of the last year. As the result, the company is mobile and protected by the long-term partnership.

In the nearest years, the significant changes are not foreseen in the methanol market. We can expect the USA expansion in the five years horizon (taking into account the prime cost of their raw materials). The trade wars, where the winner is one who will have the deepest material treatment, can begin.

The transport flow repartition is also foreseen. Sea shipment becomes more attractive.

The new methanol plants are constructed in Russia, I suppose, in general, they will work for export. That means stronger competition, and the least efficient ones will have to leave the market.

We can also see the tendency for specialization on the narrow market segments. In this respect, Metafrax had time to diversify its product line, achieve the high limit and marginality for some products.