Russia PVC imports fall 11% Jan-May
Sergey Karaichentsev
15-Jun-2017
MOSCOW (MRC)–Imports of suspension polyvinyl chloride
(SPVC) into Russia totaled 23,600 tonnes in the first five
months of 2017, down by 11% year on year, according to MRC’s
DataScope report.
May SPVC imports rose to 11,800 tonnes from 7,000 tons a
month earlier, local companies further increased their
purchasing of acetylene resin in China.Overall SPVC imports
to Russia were 23,600 tonnes in January-May 2017, compared to
26,300 tonnes a year earlier. Russian producers also reduced
their exports.
Chinese producers traditionally have been the key
foreign PVC suppliers for the past several years. Last
month’s imports of Chinese acetylene resin grew to 11,200
tonnes from 6,700 tonnes a month
earlier.
Export prices of Chinese resin have been relatively steady
for the past several months, and the strong rouble made it
more affordable in comparison with Russian producers’
material.
European producers
shipped small quantities of suspension, whereas shipments
from the US have been virtually completely absent since the
beginning of the year.
It is also worth noting that given the strengthening the
rouble exchange rate and protective measures from some
countries (Ukraine has banned imports of resin from RusVinyl
and Kaustik Volgograd since April), Russian producers were
forced to gradually reduce their PVC exports.
May exports of Russian resin (excluding supplies to Belarus
and Kazakhstan) decreased to 1,600 tonnes from 2,200 tonnes a
month earlier. Thus, 31,600 tonnes of SPVC were shipped to
foreign markets over the stated period, down by 1% year on
year.
MRC, a partner of ICIS,
produces polymers news and pricing reports from Russia,
Ukraine, Belarus, Uzbekistan and Kazakhstan.
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