MOSCOW (MRC) -- Market players consider PVC supplies from USA limited as availability from the country is also expected to be curtailed by planned shutdowns at domestic producers, according to Plastemart.
Shintech has halted production at its PVC complex in Louisiana for three weeks in H2-September. OxyVinyls is also slated to undergo a shutdown at its 950,000 tpa PVC plant in Pasedana for 2-3 weeks in October.
The US is the largest import supplier of PVC for Turkey, Egypt and China.
As MRC wrote previously, scheduled and unscheduled maintenance works at the Russian plants as well as a serious decline in imports led to a shortage of PVC with a K value of 70. By early September, prices reached the level of Rb50,000/tonne, according ICIS-MRC Price Report. The deficit began to be felt in the second half of August. And by early September, the lack of the resin in the Russian market increased in anticipation of the shutdowns at Bashkir Soda Company (Sterlitamak) and KAUSTIK (Volgograd).
MRC