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PVC imports to Ukraine fell by 38% in Jan-Jul 2019, exports down by 7%
Imports of suspension polyvinyl chloride (SPVC) into Ukraine decreased in the first seven months of 2019 by 38% year on year, totalling 26,900 tonnes. At the same time, sales of Ukrainian PVC to foreign markets dropped by 7% year on year, according to a MRC"s DataScope report.
Last month"s PVC imports into the Ukrainian market rose to 6,000 tonnes from 2,600 tonnes in June, with North American resin accounting for the main increase in shipments. Overall SPVC imports reached 26,900 tonnes in January-July 2019, compared to 43,700 tonnes a year earlier.
European producers with the share of about 67% of the total imports were the key suppliers of resin to the Ukrainian market in the first seven months of 2019. Producers from the USA with the share of about 33% were the second largest suppliers.
This year"s stronger demand for Ukrainian PVC from the domestic market led to lower exports. 12,400 tonnes of suspension were shipped to foreign markets in July, whereas this figure was 13,400 tonnes a month earlier. Overall, over 92,400 tonnes of PVC were shipped for export in January-July 2019 versus 99,800 tonnes a year earlier.