MOSCOW (MRC) -- As a result of limited offer and high level of prices in the external markets imports of suspension PVC to the Ukrainian market reduced by 26% in March, according to MRC DataScope.
In March more than 10 KT of suspension PVC were delivered to the Ukrainian market which was 26% less than February supplies. A considerable reduction of suspension imports fell at North American producers. Overall imports of resin to the Ukrainian market in QI of 2011exceeded 31 KT.
Under the conditions of high dynamics of the growth of export prices for PVC from USA (more than USD 100/mt per month), as well as limited exports offers many Ukrainian companies temporarily suspended purchases of resin in March-April.
Now and till the first half of May the resin from North America contracted in February-March will come to the Ukrainian market. In the second half of next month PVC deliveries from USA may cease.
In May-June reduction of resin imports from Europe is expected because of restrictions from European producers but a serious deficit is not forecasted. Current PVC stocks in the Ukrainian companies may compensate expected reduction of imports in May-June.