PVC imports into Russia fall 67% in January-November
Dec. 14, 2018
Imports of suspension polyvinyl chloride (SPVC) into Russia were about 15,300 tonnes in January-November 2018, down by 67% year on year, according to MRC’s DataScope report.
November imports of suspension PVC (SPC) rose to 1,300 tonnes, with a slight increase in the external supplies was a result of a significant decrease in prices on foreign markets. Overall imports of PVC to Russia totalled about 15,300 tonnes in the eleven months of 2018, compared to 46,900 tonnes a year earlier.
Chinese producers were the key foreign suppliers of resin, overall imports of acetylene PVC were 12,100 tonnes in the eleven months of 2018 versus 42,800 tonnes a year earlier.
The second largest foreign supplier was a producer from Germany with a volume of 1,900 tonnes for the period in question.
The decline in the demand for PVC from the domestic market over the past few years and the high utilisation rates of existing capacities have become the main cause of record volumes of PVC exports from Russian producers this year.
A record volume of Russian SPVC was shipped for export in November - more than 29,000 tonnes (excluding the countries of the Customs Union) against 14,600 tonnes a month earlier. 131,900 tonnes of SPVC were shipped for export in January-November 2018, compared to 83,800 tonnes a year earlier.
MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.