According to the Statistics Committee of Belarus, some local converters significantly increased their purchasing of PVC in February, despite seasonal factors.
Thus, shipments of resin from Russia increased almost twofold, some companies were actively building up additional inventories, anticipating higher PVC prices in March.
Therefore, January-February imports of resin rose to 3,500 tonnes from 2,800 tonnes in January-February 2016.
Russian producers were the key suppliers of resin to Belarus. They accounted for about 68% of the local market over the stated period.
Producers from Germany, with a share of about 29%, were the second largest suppliers.
MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.