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PVC prices peaked in Russia

August 03/2009
Moscow (MRC) – August contract prices for Russian PVC moved at the highest point, and now vary within the range of RUB47.500– 49.000/mt, including VAT – MRC’s analysts reporting.

Over the course of several months, PVC-S prices in Russia were being fixed on parity with imported resin, particularly, from Asia. Chinese acetylene-based resin is offered on average at RUB47.000–48.500/mt.

It can be assumed that in view of scheduled maintenance at three largest Russian PVC-S producers, September prices will remain at the level of August.

Already in October, being pressed by prices in Asia and decreasing demand, prices will begin to go down in the Russian market. 

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