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Record volumes of PVC were imported to Ukraine in April

May 27/2011

MOSCOW (MRC) -- In April, Ukrainian companies imported record volumes of PVC to the domestic market. The biggest growth of supplies fell at suspension, according to MRC DataScope.

In Arpil, Ukrainian companies imported about 18 KT of suspension PVC to the domestic market. Main growth of imports was stipulated by resin supplies from North America. Such a record volume of PVC supplies from USA (more than 11.7 KT) is partially caused by failures to deliver on time Ц the resin contracted yet in January was delivered to Ukraine only last month. 

In May-June, serious reduction of suspension PVC imports from USA is expected which is caused by reluctance of many Ukrainian companies to contract resin in April-May because of high export prices.

Export prices for PVC from USA in June was reduced, on average, USD 50-70/mt. This may cause next wave of suspension purchases in North America.

Import supplies of resin from Europe in April grew only to 6 KT. High level of prices for PVC in Europe as well as limited export quotes of separate producers restrain growth of supplies of European suspension to the Ukrainian market.

Tags:PVC, PVC-S.
Category:General News
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