Market Dynamics

SPVC imports in Ukraine decreased by 23% in the first six months of 2014

Time: 2014-07-10 Source from: www.mrcplast.com

MOSCOW (MRC) - Imports of suspension polyvinyl chloride (SPVC) in Ukraine decreased by 23% in the first six months of this year on the back of economy recession, according to MRC DataScope.

 
Demand for SPVC has seasonally increased in May - June  in the Ukrainian market. June SPVC imports to the country grew to 11,000 in June.
However, the recession in the economy and currency devaluation led to a noticeable reduction in demand for the suspension in the first half of the year, which fell to 47,500 tonnes, compared with 62,000 tonnes in the same time a year earlier. 
 
Structure of imports of PVC in Ukraine for the reported period was as follows. June imports of European PVC in the Ukrainian market rose to 6,100 tonnes, compared with 5,200 tonnes in May. Ukraine's imports of European SPVC totalled 20,400 tonnes in the first six months in 2014, compared with 27,500 tonnes in the same period of 2013.
 
Key suppliers of SPVC to the Ukrainian market due to geographical factors were producers from Hungary, Poland and the Czech Republic.
 
June imports of US resin in Ukraine rose to 4,900 tonnes, compared with 4,800 tonnes in May. Total imports of US PVC in the country decreased to 25,600 tonnes in the first six months of the year, compared with 31,000 tonnes year on year.
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