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PVC-S imports moving toward pre-crisis volumes in Russia

September 24/2009
MOSCOW (MRC) -- In August, PVC-S imports in Russia increased more than two times (up to 19.8 kt), compared to July – according to MRC’s analysts. Shortage of resin is getting more acute in the domestic market. The situation will only be aggravating in September in view of scheduled repairs at the largest Russian production units.

Converters were compensating lack of Russian resin by increasing PVC-S imports from China, the USA, Hungary and Germany.

Severe lack of resin in Europe and high prices made some Russian companies switch to Asian material. Imports of PVC-S produced by Xinjiang Zhongtai and Xinjiang Tianye are moving toward the pre-crisis level (overall imports reached 8.7 kt).

Imports of Formosa’s resin were resumed in August (3.3 kt), and nearly 90% of the overall volumes belonged to the Formolon 622 grade.

For more detailed information, see DataScope report.   

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