MOSCOW (MRC) - Imports of suspension polyvinyl chloride (SPVC) in Ukraine decreased by 33% compared to the same period in 2014 and reached 31,700 tonnes, according to MRC DataScope.
June SPVC imports in Ukraine were 3,700 tonnes, compared with 4,100 tonnes in May, because of the further weakening demand from the local producers of window profiles and compounds. Ukraine's SPVC imports in the first six months of the year decreased to 31,700 tonnes, compared with 47,400 tonnes year on year. Serious economic problems in the country, military operations in the eastern regions were the main reasons for such a significant reduction in demand for PVC.
Demand decreased from all sectors of consumption, the largest drop in demand occurred for the producers of profile-moulded products. The demand for the resin in this sector declined to 21,400 tonnes over the reported period, down 36% year on year.
Demand for SPVC from producers of compounds decreased to 6,700 tonnes in the first six months of the year, down 12% year on year.
Structure of PVC imports in Ukraine over the reported period was as follows.
June imports of US PVC was completely absent, while in May the delivery of the material exceeded the level of 1000 tonnes. Peak of the supply of the North American resin occurred for January - February and exceeded the level of 3,100 tonnes per month when the major producers of window profiles were actively building stock inventories on lower prices in the United States. Total US PVC imports in the country decreased to 8,400 tonnes in January - June 2015, compared with 25,600 tonnes year on year.
June imports of European PVC were about 3,100 tonnes, compared to 2,700 tonnes in May on the growing supplies from Germany (Ineos).
Total imports of European SPVC decreased to 17,800 tonnes in the first six months of the year, compared with 20,600 tonnes year on year.
June imports Russian SPVC were about 600 tonnes, which is two times higher than in May. Total imports of Russian SPVC into the country reached about 5,200 tonnes in the first six months of the year, compared with 260 tonnes year on year.
MRC