MOSCOW (MRC) -- Exports of suspension polyvinyl chloride (SPVC) into Russia totalled about 37,900 tonnes in the first two months of 2019, up 5% year on year. Whereas import volumes fell five times, according to MRC DataScope.
Russian producers have been maintaining fairly high export volumes since the end of last year amid low demand for SPVC. February SPVC exports from the country (excluding exports to the Customs Union) were about 19,900 tonnes, compared with 18,000 tonnes in January.
Thus, overall exports of PVC to Russia totalled about 37,900 tonnes in the first two months of 2019, compared to 36,000 tonnes a year earlier.
But since March, some producers have reduced export volumes. The main foreign importers of Russian PVC this year were buyers from India.
Sufficient supply of PVC from domestic producers and low demand from converters led to a multiple decrease in import volumes. February SPVC imports were slightly less than 766 tonnes, against 26 tonnes in January. Total SPVC imports in Russia were less than 800 tonnes in January-February 2019 against 4,100 tonnes year on year.