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PVC prices grow again in Russia

August 19/2010

MOSCOW (MRC) -- The first signs of PVC insufficiency appeared in the Russian market. Tight resin supply from Russian producers in conditions of increasing demand push the prices up - according to MRC Price reports.

PVC prices grow again in Russia

 

Week ago PVC demand was very low in the Russian spot market. Prices for imported resin were in the range of RUB 44.000 - 46.000/mt, including VAT, FCA. At the beginning of this week serious increase of buying activity and price growth were observed.

 

Anomalous heat in the most of Russian territory affected the PVC consumption. The heat is slowly decreasing, and many converters started to accumulate suspension consumption. Preschedule suspension for maintenance of Sterlitamak facility has led to serious decrease of PVC supply into the domestic market. At the same time, there"s no clarity about the terms of the plant restart.

 

From August 6 "Common range of goods dutiable to prophylactic-epidemiological control at custom borders and custom territory of custom union." came into effect in terms of Common custom union. Some market players tell that the procedures of PVC custom examination and DOP plasticizer became more complicated after this document came into effect.

 

All these factors have caused a small panic in the Russian PVC market. Some converters started actively fulfilling their stocks. Price offers for imported resin have grown to the level RUB 46.000 - 47.000/mt, including VAT, FCA.


mrcplast.com

 

More information about PVC market in Russia is available in MRC Price reports.

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