Russian PVC price to rise again in July.
Edited by Rhod Mackenzie / 2016-06-30 06:13:37
Finance Oil and Gas Refining Russia Petrochemicals PolymerUpdate Russia Oil and Gas Production and Refining
This week negotiations on the July level of prices of Russian polyvinyl chloride (PVC) began. Manufacturers voiced further price increases by 2,000-3,000 roubles. per ton, according to a price review of ICIS-MRC.
The negotiation process with respect to the July price level of the Russian suspension PVC (PVC-C) for the domestic market started last week, but the majority of transactions are concluded this week. Demand for resin from processing substantially exceeds the current capacity of manufacturers, and against this background they signified a further increase in contract prices.
