Russia’s PVC July prices rise Rb1,000-2,000/tonne

MOSCOW (MRC)–Russian suspension polyvinyl chloride (SPVC) producers are to increase their July prices by rouble (Rb) 1,000-2,000/tonne ($16-32/tonne), according to an MRC Price report.

Strong seasonal demand and scheduled shutdowns for maintenance simultaneously at two plants led to a shortage of SPVC.

Some producers have reduced their exports since May in favour of shipments to the domestic market.

The shutdown for a turnaround at Kaustik’s (Volgograd) production capacities from mid-May to mid-June also led to lower sales of Russian PVC.

Two producers will simultaneously shut down their production capacities for maintenance works in July.

SayanskKhimPlast intends to take off-stream its production for a 30-day scheduled turnaround on 5 July.

The Bashkir soda company will shut its production on 14 July for two weeks.

Therefore, production capacities in July – one of the strongest months in terms of demand – which will be shut for maintenance total 600,000 tonnes.

July deals for Russian resin with K64/67 PVC were negotiated in the range of Rb80,500-84,000/tonne CPT (carriage paid to) Moscow, including VAT, for deliveries smaller than 500 tonnes.

Some prices for SPVC with K=70, which is in short supply, reached Rb87,000/tonne CPT Moscow, including VAT, this week.

($1 = Rb63.31)

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