According to the Statistics Committee of Belarus, some local converters increased their purchasing of PVC in December, despite seasonal factors. Thus, shipments of resin from Russia increased, some companies were actively building up additional inventories, anticipating higher PVC prices in January. Therefore, imports of resin rose to 2,400 tonnes from 1,600 tonnes in November.
Overall demand for PVC from local converters subsided to 24,800 tonnes in January-December 2016, compared to 25,700 tonnes a year earlier. Lower export sales of finished products, particularly, of the profile-moulded products, remained the main reason for such a major fall in processing volumes.
Russian producers were the key suppliers of resin to Belarus. They accounted for about 62% of the local market over the stated period. Producers from Germany with the share of about 24% were the second largest suppliers.
MRC