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PVC exports from Russia up by 42% in Jan-May 2019, import down by 18%

June 13/2019

MOSCOW (MRC) -- Exports of suspension polyvinyl chloride (SPVC) from Russia totalled 77,300 tonnes in January-May 2019, up by 42% year on year, whereas imports decreased by 18% year on year to 7,900 tonnes, according to MRC"s DataScope report.

Russian producers maintained fairly high volumes of polyvinyl chloride (PVC) exports, but export sales have declined since May. Last month"s exports of Russian SPVC (excluding shipments to the Customs Union) were 12,800 tonnes, compared to 17,300 tonnes in April. Thus, overall exports of resin from Russia totalled 77,300 tonnes in the first five months of 2019, compared to 54,500 tonnes a year earlier. Some producers significantly reduced their exports in June under the pressure of stronger demand from the domestic market and scheduled shutdowns for maintenance at a number of production capacities.

Indian buyers were the main foreign importers of Russian resin this year. Overall sales of resin were 41,700 tonnes over the stated period.

Sufficient supply of PVC from domestic producers, even given high exports, and weak demand from converters led to lower imports, although foreign purchases have still increased for the past two months. May SPVC imports were 2,800 tonnes, compared to 3,200 tonnes a month earlier. And overall imports totalled slightly over 7,900 tonnes over the stated period, compared to 9,700 tonnes a year earlier.
Author:Margaret Volkova
Tags:PVC, SPVC, India, Russia.
Category:General News
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