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Estimated PVC consumption up 31% in Russia

April 15/2010
MOSCOW (MRC) -- Estimated PVC-S consumption in Russia increased 31% (to 112.39 kt) in January February comparing with same period last year according to MRC Monthly report.

Estimated PVC consumption in Russia increased 31%

PVC-S output in January February exceeded the same index of the previous year by 19%, and moved at 95.03 kt. Nearly all feedstock volumes were shipped to the domestic market. Only 40 tons of resin were exported in January February.

 

Awaiting drop in PVC-S supply, many converters began to build up stocks already at the end of March. In February consumption in window profile and vinyl siding sectors increased. Stronger demand was also observed in the sector of PVC compounds. Plans of Sayanskkhimplast and Kaustik to suspended operations for scheduled maintenance in May turned out to be an additional reason for converters to build up stocks.

Despite continuously weak demand for finished goods made of PVC, importers increased feedstock supply in Russia in February. Suspension imports went up by 65%, comparing with January, and moved at 10.83 kt.

 

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More detailed information about PVC market can be found in MRC Monthly reports.

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