MOSCOW (MRC) - Imports of suspension polyvinyl chloride (SPVC) into Ukraine decreased by 44% in the first three months of this year, compared to the same period in 2020 and reached about 6,400 tonnes. Sales of Ukrainian PVC to foreign markets increased by 11% year on year on a higher prices in the foreign markets, according to a MRC's DataScope report.
Last month's SPVC imports into the Ukrainian market decreased to 1,700 tonnes from 2,100 tonnes in February, as European producers decreased their exports due to a shortage in the domestic market. Overall SPVC imports reached 6,400 tonnes in January-March 2021, compared to 11,500 tonnes a year earlier. Limited export quotas from European and North American producers were the main reason for such a serious drop in imports.
European producers with the share of about 95% of the total imports over the stated period were the key suppliers of PVC to the Ukrainian market. Last month Karpatneftekhim, despite record high prices in foreign markets, reduced the volume of external sales in favour of the domestic market, the export sales of Ukrainian resin amounted to 18,800 tonnes against 22,000 tonnes in February.
Overall, about 60,500 tonnes were shipped for export in the first three months of 2020, compared to 54,500 tonnes a year earlier.