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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.
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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.
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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 – a bit more than 700 tonnes.
mrcplast.com |
