SPVC imports to Ukraine surged 42% year on year in first 8 months of 2016

22 September 2016 10:14 Source:ICIS News

MOSCOW (MRC)--Imports of suspension polyvinyl chloride (SPVC) into Ukraine increased in the first eight months of 2016 by 42% year on year, totalling over 72,300 tonnes, according to MRC’s DataScope report.

August SPVC imports to Ukraine rose to 9,500 tonnes from 7,600 tonnes a month earlier.

Both producers of profile-moulded products and plasticized compounds increased their polyvinyl chloride (PVC) purchasing.

Overall imports of suspension grew to 72,300 tonnes in January-August compared to 50,900 tonnes in the same period of 2015.

The structure of PVC imports to Ukraine looked the following way over the stated period:

August PVC imports from the US exceeded 4,500 tonnes versus 4,000 tonnes a month earlier. Thus, imports of North American resin from the US totalled 43,200 tonnes in January-August 2016, compared to 18,900 tonnes a year earlier.

Low export prices of North American producers was the main reason for such a major rise in purchases by Ukrainian companies.

Last month’s shipments of European PVC to the Ukrainian market grew to 4,500 tonnes from 3,500 tonnes a month earlier.

Overall imports of European PVC to Ukraine were 24,500 tonnes in the first eight months of the year, compared to 25,700 tonnes a year earlier.

Shipments of Russian resin totalled about 4,000 tonnes in the first eight months of 2016 versus 6,000 tonnes a year earlier.

MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.

By Sergey Karaichentsev