|
MOSCOW (MRC) -- Russian producers expectedly raised the prices for PVC
in April by RUB 1.000 – 2.000/t, spot market hasn’t completely reacted to
considerable growth of prices for resin in USA, according to ICIS-MRC Price report.
Because of scheduled shutdowns of two enterprises in Volgograd and
Sajansk, PVC contract deliveries for April have considerably decreased. For
many contract clients reduction in deliveries volumes from Russian
producers aren’t critical. Weak demand for finished goods made of PVC allowed to
make efficient material stocks. Also some companies contracted PVC from North
America which will allow them to compensate the lack of the Russian resin
in April-May.
In spot market the transient process is observed. Export prices for North
American resin for April have grown more than by USD 100/mt compared to March
level of prices. In the Russian market not all companies have transferred growth
of export prices to domestic quotations. Price offer for North American PVC was
within RUB 47.000 – 49.000/t, including VAT, ÑÐÒ Moscow. Soon prices correction
will go on and it will approach contract prices of Russian producers.
Spot market has split into two parts. Converters who realize
inevitability of serious growth of resin prices tried to purchase PVC for
future. Other companies don’t hurry to make additional purchases because
of available stocks of resin, despite forecasted growth of prices.
mrcplast.com
| 
