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PVC exports from Russia up by 22% in Jan-Nov 2019, imports rose by more than 3 times
Exports of suspension polyvinyl chloride (SPVC) from Russia totalled 175,600 tonnes in the first eleven months of 2019, up by 22% year on year. Imports increased more significantly - by 230% year on year to 48,500 tonnes, according to MRC"s DataScope report.
Last month"s exports of Russian suspension (excluding shipments to the countries of the Customs Union ) were 13,900 tonnes, compared to 14,200 tonnes in October. Some producers increased their exports in the past two months due to a seasonal decrease in demand for resin from the domestic market. Thus, overall exports of resin from Russia were 175,600 tonnes in January-November 2019, compared to 144,000 tonnes a year earlier.
Indian buyers were the main foreign importers of Russian resin this year. Overall sales of resin totalled 96,200 tonnes over the stated period. Belarus and Poland with shipments of 24,500 tonnes and 14,500 tonnes, respectively, occupied the second and third positions.
July accounted for the peak of imports of resin, which totalled 13,700 tonnes, because of scheduled shutdowns for maintenance at SayanskKhimPlast and Bashkir Soda Company" production capacities. Seasonal factors have begun to put pressure on polyvinyl chloride imports since September. Last month"s SPVC imports were 2,600 tonnes versus 2,900 tonnes a month earlier, with American producers accounting for the main decrease in shipments.
Overall imports totalled 48,500 tonnes over the stated period versus 14,700 tonnes a year earlier.