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PVC imports into Russia down by 13% in Jan-Aug 2020, exports up by 3%

September 25/2020

MOSCOW (MRC) -- Imports of suspension polyvinyl chloride (SPVC) into Russia totalled about 32,000 tonnes in the first eight months of 2020, down by 13% year on year. At the same time, exports rose by 3%, according to MRC"s DataScope report

Last month"s SPVC imports to Russia dropped to 7,400 tonnes from 10,900 tonnes in July. The increased supply from domestic producers and high prices in foreign markets were the main reasons for lower imports. Thus, overall imports were 32,000 tonnes in January-August 2020, compared to 36,900 tonnes a year earlier, with resin from China and the United States accounting for the main decreased in imports.

At the same time, Russian producers managed to increase their exports, although producers traditionally reduce their export sales in the summer months.

Russian producers reduced their SPVC exports last month because of stronger demand from the domestic market. August exports of suspension did not exceed 7,000 tonnes, compared to 14,000 tonnes a month earlier. Thus, overall PVC exports totalled 139,900 tonnes in January-August 2020 versus 135,800 tonnes a year earlier.
Author:Margaret Volkova
Tags:PVC, SPVC, China, Russia, USA.
Category:General News
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