MOSCOW (MRC) -- Exports of suspension polyvinyl chloride (SPVC) from Russia totalled 69,100 tonnes in the first four months of 2020, up by 2% year on year. Imports fell almost by a quarter, according to MRC's DataScope report.
Last month's exports of Russian suspension (excluding shipments to the countries of the Customs Union ) were 23,700 tonnes, compared to 12,500 tonnes in March. Two of the four producers significantly increased their April exports due to weaker demand for resin in the domestic market. Thus, overall exports totalled 69,100 tonnes in the first four months of 2020 versus 68,000 tonnes a year earlier.
Indian buyers remained the main foreign importers of Russian resin this year. Overall sales of resin exceeded 30,000 tonnes over the stated period. Belarus and Poland with shipments of 11,000 tonnes and 8,000 tonnes, respectively, occupied the second and third positions.
There was a slight surge in imports last month partially because of the pressure from a significant price increase of Russian PVC. April total imports of suspension were 1,400 tonnes, compared to 800 tonnes a month earlier. However, overall PVC imports did not exceed 4,000 tonnes in January-April 2020 versus 5,200 a year earlier.
MRC