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PVC imports into Russia down by 16% in Jan-Sep 2020, exports up by 2%

October 26/2020

MOSCOW (MRC) -- Imports of suspension polyvinyl chloride (SPVC) into Russia totalled 36,300 tonnes in the first eight months of 2020, down by 16% year on year. At the same time, exports rose by 2%, according to MRC's DataScope report.

Last month's SPVC imports to Russia decreased to 4,200 tonnes from 7,400 tonnes in August. July accounted for the peak in imports, and the increased supply from domestic producers and high prices in foreign markets forced many companies to further reduce imports in September. Thus, overall imports were 36,300 tonnes in January-September 2020, compared to 43,000 tonnes a year earlier, with resin from China and the United States accounting for the main reduction in imports.

At the same time, Russian producers managed to raise their exports, it is worth noting that 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. September exports of suspension did not exceed 6,300 tonnes, compared to 11,900 tonnes a month earlier. Thus, overall PVC exports totalled 151,100 tonnes in January-September 2020 versus 148,700 tonnes a year earlier.
Author:Margaret Volkova
Tags:PVC, SPVC, China, Russia, USA.
Category:General News
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