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Acetylene PVC prices grow due to deficit in Russia

May 07/2010

MOSCOW (MRC) -- PVC demand keeps up growing in Russian market. Limited supply of resin with K=66-68 from China and some Russian producers straighten the deficit, the prices went up to the level of RUB45.000 Ц 46.000/mt, according to MRC Price Reports.

 

Acetylene PVC prices grow due to deficit in Russia

Trouble with rolling-stocks of one of traditional Chinese acetylene PVC suppliers and domestic demand have led to delay of Sg-5 grade resin deliver terms. In March over 2.4 kt of Sg-5 grade PVC were delivered into Russian market, and most part of the material was delivered to final consumers. The similar import figures were fixed in the first 3 weeks of April. Some Russian producers have limited shippings of resin with K=66-68 for May.

 

Insufficient Russian PVC offer and limited resin supply from China have led to serious deficit in the market. Prices for acetylene PVC for the second half of May in some cases went up to the level of RUB45.000 Ц 46.000/mt, including VAT, FCA. According to market experts, significant PVC supplies from China are expected to partly cover the deficit.

 

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For more information about PVC market in Russia please refer to MRC Price Reports.

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