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PVC imports to Russia up by 25% in H1 2021, exports down by 12%

August 03/2021

MOSCOW (MRC) -- Imports of suspension polyvinyl chloride (SPVC) into Russia totalled about 20,000 tonnes in the first six months of 2021, up by 25% year on year. At the same time, exports decrease by 12%, according to MRC"s DataScope report.

Last month"s SPVC imports to Russia were 5,000 tonnes versus 5,300 tonnes in May. Despite an acute shortage of resin in the domestic market, Russian companies were unable to multiply their imports, because the key suppliers are Chinese producers, and they have major export restrictions.

Overall imports reached 20,000 tonnes in the first six months of 2021, compared to 16,000 tonnes a year earlier, with resin from China accounting for the main increase in imports.

June record high PVC prices in the domestic market forced some producers to significantly reduce their export sales. 12,000 tonnes of PVC were exported in June versus 22,900 tonnes a month earlier. Overall exports totalled 104,700 tonnes in January-June 2021, compared to 119,700 tonnes a year earlier.

Author:Margaret Volkova
Tags:PVC, SPVC, China, Russia.
Category:General News
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