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PVC imports to Russia in November declined to 21 thous. tonnes

December 14/2011

MOSCOW (MRC) -- A weak demand for finished products made of PVC, sufficient availability of the resin in the market and low prices from Russian producers resulted in reduction of PVC imports to Russia. In November, import volumes of suspension PVC fell to 20.8 thousand tonnes, according to MRC DataScope.

Since September, PVC-S imports have been gradually reducing, due to a low demand for finished products made of PVC, oversupply of the resin and low prices from Russian producers. By mid-November, the demand for finished products made of PVC had fallen sharply.

In early December, the market of finished products have boosted a bit, but a seasonal factor still has a major impact in the market. This month, quite a lot of Russian converters refused to purchase PVC, some companies reduced purchases by many times in comparison with November.

PVC imports to Russia in November declined to 21 thous. tonnes

In advance of these factors, in September the companies-importers significantly reduced their purchases of PVC in external markets. As a result, imports of PVC-S to the Russian market had fallen to 20.8 thousand tonnes by the end of last month.

Supplies of the resin from the U.S. fell to 8.6 thousand tonnes (a record volume of imports fell on May 2011 - about 36 thousand tonnes). The imports of acetylene PVC from China fell to 600 tonnes.

In general, over the 11months imports of PVC-S to the Russian market exceeded 437 thousand tonnes, which was by 35% more, year on year. After two weeks of December, the imports of suspension to the Russian market made 9.3 thousand tonnes. Supplies from the U.S. amounted to 5.8 thousand tonnes, Ukraine - 1.9 thousand tonnes, China Ц a bit more than 700 tonnes.

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