Russia The increase in prices of PVC proceeds
Last week negotiations of rather May price level of the Russian Зolyvinyl Сhloride (PVC) have begun. Two producers have declared intention to achieve further increase in prices for USD30-60 for ton in comparison with April level. One of producers intends to prolong the April prices of May deliveries.
As certain processors report, despite low demand for finished goods from PVC report, in the market the lack of the offer of pitch amplifies. Have affected balance of the Russian market the compelled idle time of the second-large producer – “Sayanskkhimplast” – and low volumes of import. Some participants of the market note that certain producers of raw materials have cut off him PVC quotas for deliveries in May owing to limitation of a resource.
At the same time the situation in the Russian market of PVC isn’t critical. Some processors in March actively contracted for pitch in foreign markets, and in the second half of April these volumes have begun to arrive on the market. Also have increased volumes of import of PVC and the trading companies, in particular, it is about the Chinese acetylene PVC.
Dictation of JSC “Sayanskkhimplast” possible also as: Sayanskkhimplast
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News Edited and Wired By:
PIMI Russian News Correspondent
Olga Prudovskaya
Journalist, former Editor-in-chief of Plastics Magazine, Russia
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