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Unscheduled shutdown of Khimprom (Volgograd) continues to put pressure on Russian EPVC prices

August 19/2013
MOSCOW (MRC) -- Spot prices of emulsion polyvinyl chloride (EPVC)  in the Russian market continued to rise on the back of  unscheduled shutdown of Khimprom (Volgograd), according to ICIS-MRC Price Report.

Unscheduled shutdown of EPVC facilities at Khimprom (Volgograd) amid limited quotas from European producers resulted in the shortage of the resin in the market, which boosted prices.

Spot prices of European and Russian EPVC in mid August rose to Rb69,000-71,000/tonne CPT Moscow, including VAT, CPT Moscow, and the situation is unlikely to change till the end of the month.

Khimprom plans to begin resumption of PVC production in the next few days. However, taking into account the contractual obligations of the plant and long-term shutdown, Khimprom is unlikely to balance the situation until September.

As MRC wrote earlier, Khimprom (Volgograd) stopped its polyvinyl chloride (PVC) production on 15 July after the falling of the roof at its PVC  workshop. The production capacity of emulsion PVC at Khimprom (Volgograd)  is 27,000 tonnes/year.
Author:Anna Larionova
Tags:PVC, EPVC, Chemprom, Volgograd, Russia.
Category:General News
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