Ukraine January-July SPVC imports up 61% year on year

15 September 2016 09:59 Source:ICIS News

MOSCOW (MRC)--Imports of suspension polyvinyl chloride (SPVC) into Ukraine increased by 61% in the first seven months of this year compared to the same period in 2015 and exceeded 62,800 tonnes, according to MRC DataScope.

July SPVC imports into Ukraine grew to 7,600 tonnes compared with 6,100 tonnes in June. Local producers of profile had increased purchases of North American PVC.

Total SPVC imports in the country grew to 62,800 tonnes in January-July 2016 compared with 39,100 tonnes year on year.

Structure of PVC imports into Ukraine over the reported period was as follows:

July imports of US SPVC into Ukraine exceeded 4,000 tonnes, compared with 3,500 tonnes in June.

Ukraine's imports of US resin totalled 38,800 tonnes in the first seven months of the year, compared with 11,800 year on year. Despite a long shipment time Ukrainian companies have preferred buying US resin since the beginning of the year due to the attractive price level.

July imports of European PVC into Ukraine increased to 3,500 tonnes, compared with 2,600 tonnes in June. The main reason is the lack of price offers for PVC supply from Russia. Total imports of European PVC into Ukraine were about 20,000 tonnes in the first seven months of the year, compared with 21,300 tonnes year on year.

It was previously reported that Russia did not deliver SPVC in July because of the shortages in the domestic market. Russian producers almost completely suspended their export sales. Russia's shipments of PVC decreased to 3,800 tonnes in January-July, compared with 5,700 tonnes year on year.

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

By Sergey Karaichentsev