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PVC imports into Russia fell by 63% in H1 2018, exports rose by 37%

July 11/2018
MOSCOW (MRC) -- Imports of suspension polyvinyl chloride (SPVC) into Russia were 11,900 tonnes in January-June 2018, down by 63% year on year. At the same time, weaker demand for polymer from the domestic market forced Russian producers to increase their exports by 37%, according to MRC"s DataScope report.
June SPVC imports grew to 2,200tonnes from 237 tonnes a month earlier, shipments of acetylene PVC from China increased. Thus, overall imports of resin into Russia totalled 11,900 tonnes in the first half of 2018, compared to 32,200 tonnes a year earlier. At the same time, Russian producers began to ship resin for export more actively this year because of weak demand from the domestic market, export sales rose almost by a third.

Chinese producers have been traditionally the key foreign PVC suppliers for the past several years. Imports of Chinese acetylene resin grew significantly in June to 2,100 tonnes from 237 tonnes a month earlier. At the same time, it should be noted that June deliveries of Russian companies were agreed back in late March. Overall imports of resin from China were 10,800 tonnes in January-June 2018, compared to 30,200 tonnes a year earlier.

Imports of acetylene PVC are expected to decrease again in July.

At the same time, as already reported, Russian producers increased significantly their exports this year, the weakening of the rouble against the dollar made exports to certain countries attractive to producers. 61,600 tonnes of SPVC were shipped for export in January-June 2018, compared to 45,000 tonnes a year earlier.

Author:Margaret Volkova
Tags:PVC, SPVC, China, Russia.
Category:General News
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