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In April import of suspension PVC to Russia decreased by 14%

May 15/2012

MOSCOW (MRC) --  In April, the import volume of suspension PVC to the Russian market expectedly decreased. Last month, imports fell by 14% to 33,000 tonnes, according to a  MRC DataScope.

In April, Russian companies reduced their imports of suspension PVC to 33,000 tonnes, which was down 14%, compared with the March level. Russian companies expectedly  reduced their purchases of PVC due to several reasons.

Firstly, it resulted from high export prices of PVC in the U.S. and the  low solvency of Russian converters amid high volatility of the rouble against the dollar. As a consequence, over the last two months, the purchases of North American PVC were significantly reduced. In April, the imports of resins from the U.S. fell to 8,700 tonnes.

Secondly, due to the April rise in prices and limited volumes of Ukrainian PVC last month, the imports of resin from the Ukraine declined.

At the same time, considering attractive export prices of PVC in China and easy logistics, the imports volumes of acetylene resin have been growing significantly from the beginning of the year. By April, the imports of PVC from China had exceeded 13,000 tonnes.

Over the four months of this year, the imports of suspension PVC to the Russian market made about 117,000 tonnes, which was down 19% year on year.

Author:Anna Larionova
Category:General News
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