MOSCOW (MRC) -- Imports of suspension polyvinyl chloride (SPVC) into Ukraine decreased by 10% over the first seven months of 2014. Shipments of polyvinyl chloride (PVC) from Europe accounted for the main fall in the total imports, according to MRC DataScope report.
Seasonal factors led to a steady growth of PVC imports to Ukraine in the second quarter of 2014 after a major fall in imports in the first quarter. SPVC imports to the local market exceeded 18,600 tonnes in July versus 11,000 tonnes in May. Local companies were actively building up additional inventories for the peak months. The overall PVC imports totalled 66,100 tonnes from January to July 2014 versus 73,800 tonnes a year earlier.
The structure of PVC imports to Ukraine by regions looks the following wasy over the stated period.
Last month's PVC imports from the United States surged to 12,900 tonnes from 4,900 tonnes a month earlier. Thus, imports of North American PVC reached 38,500 tonnes over the said period versus 35,800 tonnes a year earlier. Relatively low export prices of North American producers in comparison with the European was the main reason for the increased shipments.
July imports of European PVC to the Ukrainian market dropped to 5,600 tonnes from 6,100 tonnes in June. The overall imports of resin from Europe totalled 26,200 tonnes over the first seven months of 2014 versus 35,400 tonnes over the same period of 2013. Producers from Hungary, Poland and Germany remained the key SPVC suppliers to the Ukrainian market because of geographical factors.
PVC imports from other regions (Asia, Turkey, Russia) was sporadic.
MRC