MOSCOW (MRC) -- The overall imports of unblended polyvinyl chloride (PVC) into Belarus slumped by 36.4% over the first five months of 2015 and totalled 9,300 tonnes, according to MRC DataScope report.
May PVC imports to Belarus dropped to 1,600 tonnes, despite seasonal factors, from 1,900 tonnes a month earlier. Weak demand for finished products and large stocks of April purchases made some local converters reduce their purchasing of resin in May. In general, according to the National Statistics Committee of Belarus, demand for PVC from local converters subsided to 9,300 tonnes from January to May 2015 versus 14,700 tonnes a year earlier.
Weaker demand for unmixed PVC from local converters was caused by both a fall in sales of finished products in the domestic market - over 30% and by a decrease in export sales - about 36% (only the sales of shaped and linear articles fell to 5,000 tonnes from 7,800 tonnes a year earlier).
Russian producers put a significant competitive pressure on their European colleagues in the Belarusian PVC market in the first five months of the year. PVC imports from Russia totalled 6,700 tonnes over the stated period versus 1,000 tonnes a year earlier. The Polish producer was the second largest supplier with a total of 1,900 tonnes of resin.
MRC