PVC imports in Russia remain on high level in September
PVC imports in Russia remained at a high level in September and reached 53,5 kt over the three weeks of the month - according to .
Chinese PVC supply was not stable in September. One of the reasons was joint counter-terrorist excercise of China and Kazakhstan, which disrupted cargo transportation through these countries. Some exporters also switched to suspension supplied from North America due to more attractive prices.
State holidays are being held in China between October 1 and 10, and the resumption of systematic PVC supply is expected in H2 October only. The Chinese government has limited the production at hazardous chemical plants, including those that produce acetylene-based PVC.
The increase of buying activity in Asian markets, including China, and low capacities utilization at acetylene PVC facilities in September led to price increase. Traditional Chinese PVC suppliers have increased October resin prices on average USD 30-50/mt.
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Source: Unipack.Ru
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