MOSCOW (MRC) -- By August results, total PVC-S imports have reached the record 50,7 kt, where American PVC amounted to over 51% - according to MRC DataScope report.
PVC-S imports have been constantly increasing in the Russian market since the beginning of the year, the figure amounted to 50,7 kt in August. These imports are mostly caused by the expectations of many market players of high demand for PVC finished goods (window profile, windowsills, sidings etc.) and a period of planned suspensions of the main Russian PVC producers in September and October. At the same time, big import volumes helped preventing the shortage in the Russian PVC market after unplanned long-term shutdown of Sterlitamak plant.
For the first time after May 2008 suspension imports exceeded 50 kt. For the first time in a couple of years PVC supply from North America into Russia exceeded 50% of total volumes. China had been a traditional PVC-S leading importer before, but its share went down to 23% in August.
Russian PVC market prospects will be discussed at Russian Polymers Summit on October 14, 2010 organized by ICIS and MRC. For more information please refer to http://www.icisconference.com/russianpolymers/ Summit official web page.
More information about Russian PVC market is available in MRC DataScope reports.