Asian PVC: Prices diverge on tight supply, weaker futures / Ethylene-based PVC gains on supply crunch / Carbide-based PVC drops with futures decline / China operating rates fall to 61.47%: sources

Nov 05, 2026

Asian PVC prices were mixed in the week to Nov. 4, with ethylene-based PVC strengthening on tight supply and high ethylene costs, while carbide-based PVC softened alongside weaker futures. PVC CFR China unchanged week over week at $870/metric ton Nov. 4, while PVC CFR Southeast Asia was also stable at $860/mt over the same period. A major UNV1-based producer raised its November PVC offers by $10-$20/mt from the previous offer, according to several market participants. The producer’s CIF prices were $880/mt for China, $920/mt for Southeast Asia and $1,020/mt for India. Buyers remained in a wait-and-see mode while monitoring crude oil price movements, according to market participants. "Demand in Southeast Asia currently is quite slow," a Southeast Asian trader said. A Japanese producer indicated selling ideas above $900/ mt for...

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