中文
According to the icis-mrc price report, due to the weakening ruble and rising prices in Asia and Europe, Russian PVC producers plan to further raise their prices in August. Negotiations on the supply of suspended polyvinyl chloride (SPVC) to the domestic market in August began on Wednesday, with plans to raise prices by 1500-2000 rubles per ton (US $21-27 per ton).
In July, Russian producers achieved an increase of more than 6000 rubles / ton due to the rise of foreign market prices and the sharp drop in supply caused by regular maintenance outage.
The Russian market’s demand for suspension PVC dropped sharply from April to may, and then began to recover dynamically from June to July. In July, due to the planned shutdown of sayansk khim plast and rusynold for maintenance, some conversion units were unable to accumulate sufficient polymer stocks.
With the resumption of Russian ethylene production earlier this week, the turnaround is over.
Sayansk khim plast will start producing polyethylene within a week, which will increase the supply of resin in the market with strong demand. Increased supply from domestic producers may easily be offset by delayed demand for conversion devices.
Imports have increased in the past few months, but they are still down sharply year-on-year. High prices in foreign markets, especially in China and Europe, the continued depreciation of the ruble against the US dollar and long-term deliveries in some regions also had a negative impact on imports.
Businesses are not in a hurry to reach an agreement on the shipment of PVC in Russia in August, hoping to minimize the price rise. Consumers understand that they will not be able to avoid the rise in prices in August, but it is becoming increasingly difficult to shift the price of new materials to finished products.
In August, the Russian resin trade (k = 64 / 67) was negotiated in the range of 80000-83500 rubles / ton (freight paid to Moscow), with an increase of 1000-2000 rubles / ton from July, with a maximum quantity of 500 tons.