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Emergency halt at Khimprom caused the shortage of EPVC in Russian market

July 25/2013

MOSCOW (MRC) - The Russian market of emulsion polyvinyl chloride (EPVC) undergoes a shortage following an emergency stop of production of Khimprom (Volgograd), according to ICIS-MRC Price Report.

Khimprom (Volgograd) stopped its production of EPVC on 14 July after the falling of one-third   of the roof in the workshop production (about 540 meters).

According to unofficial information,the producer  will restart PVC production in late August.

Though the share of Khimprom in the Russian EPVC market accounts less than 15%, the emergency halt  has caused shortage in the spot market and led to increase in prices.

The offers of the material have practically disappeared in the end of July. Small stocks of Russian resin were immediately bought after the accident.

The deals for small volumes of European resin were contracted at Rb67,000/tonnes FCA.
Author:Anna Larionova
Tags:PVC, EPVC, Chemprom, Volgograd.
Category:General News
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