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Russian producers plan to increase PVC prices in May

April 27/2012

MOSCOW (MRC) -- This week talks started on contact prices for Russian PVC in May. Russian producers announced the necessity to increase contract prices by rouble (Rb) 1,000-3,000/tonne, as MRC analysts said.


This week the participants of the Russian market started active talks on contract prices for PVC deliveries in May. On the back of a growing seasonal demand for the resin and limited imports, Russian producers intend to get higher prices. At the beginning of the week some producers said about the necessity to increase contract prices by Rb1,000-3,000/tonne compared to April prices (Rb43,000-44,500/tonne, VAT included, oscow).


Demand for finished goods out of PVC in April significantly grew an some local converters lan to reach 100% capacities in May as well as increase PVC purchases by 20-30% compared to April. Despite the growth of demand for finished goods out of PVC, many converters still have problems with circulating funds and the absence of efficient credit resource. Limited circulating funds of converters will play a key role in the price for the Russian PVC in May.


mrcplast.com

Russian producers plan to increase PVC prices in May
Author:Marina Ivanova
Tags:PVC.
Category:General News
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