PVC imports to Ukraine fell by 44% in Jan-May 2019
Imports of suspension polyvinyl chloride (SPVC) into Ukraine decreased in the first five months of 2019 by 44% year on year, totalling 18,400 tonnes, according to MRC"s DataScope report.
Last month"s SPVC imports to the Ukrainian market fell to 2,900 tonnes from 4,200 tonnes in April, local companies reduced their purchasing in foreign markets amid high prices and sufficient supply from the Ukrainian producer. Overall imports of suspension reached 18,400 tonnes in January-May 2019, compared to 32,900 tonnes a year earlier.
European producers with the share of about 65% of the total imports in the first four months of 2019 were the key suppliers of resin to the Ukrainian market. Producers from the USA with the share of about 34% were the second largest suppliers.