April TiO2 imports to Russia surged by 26%
www.cnchemicals.com Time:2014-05-21 Sources of information:www.cnchemicals.com
MOSCOW (MRC) -- Imports of titanium dioxide (TiO2) into Russia rose by 1,700 tonnes in April, up by 26% from March, and totalled 8,200 tonnes, according to MRC DataScope.
Consumption of titanium dioxide in Russia has shown a steady growth since early 2014. Buying activity has been seasonally increasing, said market players. Producers of paints and coatings, and window profiles stepped up thier purchases. Producers of paints and coatings accounted for the largest shipments in April.
Overall, converters from this sector imported 5,800 tonnes of titanium dioxide in April, up by 400 tonnes from March. 1,900 tonnes of TiO2 were imported for producers of polyvinyl chloride (PVC) window profiles, up by 1,000 tonnes from March, whereas 590 tonnes of material were shipped for paper production, up by almost 300 tonnes from April.
US producer Dupont remained the leading supplier. In its turn, shipments of Crimean Titan"s TiO2 totalled 1,600 tonnes in April. Crimea TiOx-220 grade remained the most popular grade in the market (its April imports was 860 tonnes).
The overall TiO2 imports to Russia totalled 24,500 tonnes from January to April 2014, which almost equals the same figure year on year. There were no significant changes in the supply structure. Ukraine remained the largest supplier of titanium dioxide to Russia. The Ukrainian grades accounted for about 34.5% of the market.
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