Home > Industry News > PVC exports from Russia rose by 42% in H1 2019, imports up by 10%
PVC exports from Russia rose by 42% in H1 2019, imports up by 10%
Exports of suspension polyvinyl chloride (SPVC) from Russia totalled 97,300 tonnes in the first half of 2019, up by 42% year on year. Imports also increased by 10% year on year to 13,100 tonnes, according to MRC"s DataScope report.
Russian producers have kept fairly high exports of polyvinyl chloride (PVC), even amid the upcoming scheduled shutdowns for maintenance at two major production capacities. Last month"s exports of Russian suspension (excluding shipments to the countries of the Customs Union ) were 15,700 tonnes, compared to 12,800 tonnes in May. Thus, overall exports of resin from Russia totalled 97,300 tonnes in the first six months of 2019, compared to 68,500 tonnes a year earlier.
Indian buyers were the main foreign importers of Russian resin this year. Overall sales of resin were 55,200 tonnes over the stated period. Sufficient supply of PVC from domestic producers, even given high exports and weak demand from converters, led to lower imports in the first three months of the year. But purchases in foreign markets have begun to grow gradually since April.
June SPVC imports were 5,200 tonnes, compared to 2,800 tonnes a month earlier. And if in January-May, Chinese polymer accounted for the bulk of shipments, then in June, Russian companies resumed deliveries from the United States.
Overall imports totalled slightly over 13,100 tonnes over the stated period versus 11,900 tonnes a year earlier.