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PVC imports decreased 40% in Ukraine

July 29/2009
MOSCOW (MRC) -- Over the course of the first half of 2009 PVC imports went down by 40%, compared to the same period in 2008, and moved at the figure of 2006 (48.8 kt).

Two factors were the reason of that decrease, according to MRC’s experts. First, converters’ demand dropped seriously in Q1. Secondly, demand increased in May-June; though, European and Asian producers had limited feedstock volumes available for shipments.
 
In the first half of the year, PVC-S imports went down by 51%, compared to the same period last year, and moved at 29.1 kt. Ukrainian companies have switched to European resin, this year. Imports of European resin moved at about 83% of the overall volume imported during the first six months of the year. Supply of Formosa’s material decreased more than 13 times, compared to the previous year (1.01 kt).
Imports from Poland went up: 7.8 kt of Polish resin were imported over the course of January-June. That figure is 47% more, compared to the same period last year.

The Ukrainian emulsion market was going down in the first half of the year (9% compared to the first six months of 2008, down to 9.4 kt). Major volumes belonged to emulsion produced by Vinnolit and Vestolit (their share in imports moved at about 72% during January-June 2009).

Detailed analytics can be found in Datascope  Reports.

Source: MRC

 


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