PVC imports to Ukraine fell by 30% in the first four months of 2017

23 May 2017 10:59 Source:ICIS News

MOSCOW (MRC)--Imports of suspension polyvinyl chloride (SPVC) into Ukraine decreased by 30% year on year in the first four months of  2017, totalling about 28,000 tonnes, according to MRC’s DataScope report.

Overall SPVC imports were about 28,000 tonnes in January-April 2017, compared to 39,900 tonnes a year earlier. High imports at  the beginning of last year was due to low export prices in the US, whereas, this year there are export restrictions in all foreign markets, especially in Europe.

In April, meanwhile,  SPVC imports to Ukraine grew to 7,100 tonnes from 6,700 tonnes in March. Local companies partially offset a shortage of resin from European producers by higher shipments from the US.

April’s SPVC imports from the United States rose to 3,000 tonnes from 800 tonnes in March as local companies were forced to increase their purchasing of North American resin because of restrictions of European producers.

Imports of North American resin totalled 6,800 tonnes in the first four months of 2017 versus 25,500 tonnes a year earlier. At the end of last year, many Ukrainian companies did not form additional stocks of material because of high export prices compared to European prices.

April imports of European PVC into the Ukrainian market dropped to 3,100 tonnes from 3,700 tonnes a month earlier. Shipments of resin from Hungary and Poland slumped.

Overall imports of European PVC to Ukraine totalled 15,400 tonnes in the first four months of the year, compared to 11,000 tonnes a year earlier.

Last month’s imports of Russian SPVC fell to 761 tonnes from 2,300 tonnes in March. Lower shipments were caused by the ban on imports of material of two producers:  RusVinyl and Kaustik (Volgograd).

Shipments of Russian resin were 5,800 tonnes in the first four months of 2017, compared to 3,100 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