PVC exports from Russia remained high in the past four months
Exports of suspension polyvinyl chloride (SPVC) from Russia totalled about 18,000 tonnes last month, compared to 15,600 tonnes a year earlier. Imports were still scarce, according to MRC"s DataScope report.
Russian producers have maintained fairly high exports since last October amid weak demand for SPVC from the domestic market. Exports of Russian suspension were about 18,000 tonnes in the first month of the year, compared to 15,600 tonnes a year earlier and 19,300 tonnes last December.
Overall exports of resin from Russia totalled 146,300 tonnes in 2018 versus 100,700 tonnes a year earlier. The increased output and the continuing decline in demand from the domestic market forced Russian producers to export more and more PVC for export.
Indian buyers with a volume of over 66,000 tonnes became the key foreign importers of Russian resin. Belarusian customers with a volume of over 28,000 tonnes were the second largest buyers of SPVC in Russia.
Sufficient supply of PVC from Russian producers led to a multiple decrease in imports. There were almost no foreign SPVC shipments last month. Overall imports totalled 16,100 tonnes in the entire year of 2018 versus 48,900 tonnes a year earlier.