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European PVC-E replaces local material in Russia in Q2 2010

July 01/2010
MOSCOW (MRC) Ц Russian companies continue to increase PVC-E supplies from Europe.  European emulsion imports have been growing since April, replacing Russian PVC with this Ц according to MRC Price reports.
European PVC-E replaces Russian material in Q2 2010


Russian converters continue to increase the consumption of European PVC-E. Emulsion imports from Europe have gone up to the level of 7,5 kt since May, while in January this figure barely exceeded 4,5 kt. Russian linoleum producers actively increase the consumption. European emulsion started to replace Russian PVC even in smaller consumption sectors like vinyl wallpapers, artificial leather, toys etc.


The competitiveness of European emulsion in the Russian market was enforced by serious fall of Euro/Dollar exchange rate and, as a result, Euro/Ruble. Emulsion specificity causes quite a wide price range for the resin in Europe: EUR 940 Ц 1050/mt, FCA. Price offers in the spot market for Russian and European emulsion are on the average level RUB 57.000 Ц 58.500/mt, including VAT, FCA.


For more information about Russian PVC market please refer to MRC Price reports.


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