This week, Polyvinyl chloride suspension grade prices in Asia showed mixed trends, with Far East Asia holding steady, while Southeast Asia and most South Asian markets came under downward pressure amid weaker offers from regional producers.
An industry source in Asia, on condition of anonymity, informed a Polymerupdate team member, "Asian PVC sentiment is likely to remain under pressure amid the ongoing supply-demand imbalance, while slower inventory reduction continues to weigh on the industry ahead of the seasonal demand slowdown. A stronger US dollar has also influenced regional buying, with higher import costs and currency-related concerns keeping buyers cautious.”
In Far East Asia, PVC Suspension grade prices were assessed at USD 800 - 900/mt CFR levels, rolled over from the previous week.
In Southeast Asia, PVC Suspension grade prices were assessed at USD 820 - 870/mt CFR levels, easing, USD (NC/-50/mt) from last week. Producers from China and Japan were heard offering PVC resin suspension grades at the USD 820/mt level, while a producer from Thailand reportedly offered material at the USD 870/mt level.
In India, PVC Suspension grade prices were assessed at USD 860 - 930/mt CFR levels, slipping, USD (-10/NC/mt) week on week. Market participants remain cautious as the reduced import duty benefit on eligible petrochemical cargoes is set to expire on June 30, 2026, slowing fresh import bookings. A steadily weakening Indian rupee against the US dollar has further dampened buyer appetite, influencing purchasing decisions across the region.
In Pakistan, PVC Suspension grade prices were assessed at USD 870 - 950/mt CFR levels, declining, USD (-30/-20/mt) compared to the prior week. An overseas producer was heard offering PVC resin suspension grade at the USD 950/mt level.
In Sri Lanka, PVC Suspension grade prices were assessed at USD 860 - 950/mt CFR levels, softening, USD (-30/NC/mt) from the previous week. A Chinese producer offered PVC resin suspension grade at the USD 860/mt level.
In Bangladesh, PVC Suspension grade prices were assessed at USD 900 - 990/mt CFR levels, edging lower, USD (-30/-10/mt) week on week. A Chinese producer offered at the USD 900/mt level, while a Taiwanese producer offered at the USD 990/mt level.
Market participants noted that a major Taiwanese producer lowered its pre-sale price for June shipments by USD 120–130/ton month on month. The adjustment appears to have influenced offer levels for shipments across several Asian destinations, adding pressure to regional negotiations.
This news synopsis and insights are generated using Polymerupdate’s advanced Artificial Intelligence (AI) systems, leveraging proprietary data, pricing benchmarks, and domain expertise. The content is intended for informational purposes only and does not represent the official views of Polymerupdate. Users are advised to conduct their own independent research before making any commercial or business decisions.
