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In Russia PVC-S imports exceeded demand in July

July 26/2011
MOSCOW (MRC) -- Over the first half of the year, the import supplies of suspension PVC (PVC-S) to the Russian market increased to 250 KT which was more than twice as much as last year. Over the 15 days of July,  PVC-S imports made nearly 25.85 KT, keeping its rate, according to MRC analysts. U.S. suspension prevails in the total imports.

Shortly the market situation may change drastically. In July, the first volume of PVC from Karpatneftechem (Lukoil group, Ukraine) appeared in the Russian market - little more than 800 tons. According to some market participants, several major Russian converters have contracted Ukrainian resin for August supplies.

In August within enlargement of capacity utilization, Karpatneftechem is expected to increase resin supplies to the Russian market to 15 KT which may dislodge Chinese and American producers.

PVC import continues to exceed current PVC market needs. High competition between imported and Russian resin made prices go down in July. In June-July, Russian companies kept reducing the imports of additives for PVC processing. The biggest decrease of the imports was fixed for impact modifiers.

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