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PVC exports from Russia up by 55% in Jan-Aug 2019, imports rose by almost 3 times
Exports of suspension polyvinyl chloride (SPVC) into Russia totalled 130,100 tonnes in the first eight months of 2019, up by 55% year on year. Imports also increased by 174% year on year to 36,900 tonnes, according to MRC"s DataScope report.
Last month"s exports of Russian suspension (excluding shipments to the countries of the Customs Union ) were 4,800 tonnes, compared to 21,900 tonnes in July. Shutdowns for maintenance at SayanskKhimPlast and Bashkir Soda Company with a one-month delay in restart led to a major decrease in export shipments. Thus, overall exports of resin from Russia were 130,100 tonnes in January-August 2019, compared to 83,900 tonnes a year earlier.
Indian buyers were the main foreign importers of Russian resin this year. Overall sales of resin totalled 75,300 tonnes over the stated period. Turkish and Polish producers with shipments of 11,200 tonnes and 4,600 tonnes, respectively, occupied the second and third positions.
The end of the outages from turnarounds at two Russian plants was also the main reason for lower imports. August SPVC imports were 10,100 tonnes versus 13,700 tonnes a month earlier, with US producers accounting for the main decreased in shipments (1,400 tonnes versus 8,400 tonnes in July).
Overall imports of material totalled 36,900 tonnes over the stated period versus 13,500 tonnes a year earlier.