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PVC exports from Russia up by 62% in Jan-July 2019, imports more than doubled
Exports of suspension polyvinyl chloride (SPVC) in Russia reached about 122,100 tonnes in the first seven months of the year, up 62% year on year. Imports also increased by 112% year on year to 26,900 tonnes, according to MRC"s DataScope report.
This year, Russian producers showed rather high volumes of polyvinyl chloride export even taking into account scheduled maintenance works of two large plants and high seasonal demand in the domestic market. Last month"s exports of Russian suspension (excluding shipments to the countries of the Customs Union ) were about 21,900 tonnes, compared to 15,700 tonnes in June.
Thus, overall exports of PVC to Russia totalled about 122,100 tonnes in the first seven months of 2019, compared to 75,500 tonnes a year earlier. Indian buyers were the main foreign importers of Russian resin this year. Overall sales of resin were about 73,400 tonnes over the stated period.
High seasonal demand in the domestic market and scheduled maintenance works at two producers in the last two months have led to a serious increase in PVC imports to Russia.
July imports of suspension polyvinyl chloride (SPVC) in Russia increased to 13,700 tonnes, compared with 5,200 tonnes in June, with the main bulk of purchases occurred for US PVC (about 8,400 tonnes). Overall imports totalled about 26,900 tonnes over the stated period versus 12,700 tonnes a year earlier.