MOSCOW (MRC) -- Russian companies continue to reduce the volumes
of purchases of suspension PVC in external markets. Following two weeks of May,
the imports of resin fell to 12,500 tonnes. The weakening of the rouble against
the dollar makes the imported material is even more unprofitable, as per MRC
analysts.
In April, Russian companies reduced their imports of suspension PVC to 33,000
tonnes. May also shows a negative trend. Over the two weeks of this month, the
imports of resin to the Russian market amounted to 12,500 tonnes. This is a very
low figure, as last year the imports to Russia in May made about 56,600 tonnes
of PVC.
This month, the imports from the U.S. and China fell almost by three-fold.
The deliveries of resin from Russia reduced also significantly. The decline in
imports of PVC to Russia over the last two months resulted from several factors.
Firstly, Russian producers, in particular, Caustic (Sterlitamak) increased their
supplies. The company this year increased the production of PVC by one and a
half.
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