Russian market of PVC resin prices

According to ICIS-MRC Price report, because the device Khimprom unexpected stop, the Russian market of PVC resin prices continue to rise.

Multiple PVC resin plant Khimprom unexpected stop, coupled with other European producers exporting to Russia's quota limited, resulting in the local market of PVC resin supply shortages, thus pushing up prices.

In mid-August, Europe and Russia PVC resin spot price rose to 69,000-71,000 rubles / ton, CPT Moscow, including VAT. It is predicted that the end of August, the market situation is basically unchanged.

Khimprom planned for the next few days to restore the production of PVC. However, the plant parking has long, complex post-natal first need to fulfill their contractual obligations, so before September, Khimprom basically impossible to balance Russia EPVC supply shortages market situation.

Khimprom on July 15 announced the shutdown of PVC, PVC production plant because of its roof fall accident, cause the device to normal operation. PVC resin production capacity of the plant's 27,000 tons / year.

Overall, the reduction in domestic production, import market supply is limited in the context of the Russian PVC resin market supply situation being difficult to alleviate this week and next week, the price is likely to rise further.

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