India PVC prices rise on tighter Chinese supply despite weak demand / Import prices climb on tighter supply / Domestic material undercuts import appeal

Nov 05, 2026

The Indian PVC suspension market showed mixed sentiment during the week ended Nov. 4, with import prices rising on higher offers and tradable indications, while weak pipe demand and cheaper domestic material limited buying interest. CFR India PVC suspension grade at $950/ metric ton on Nov. 4, up $15/mt week over week. Traders said demand from the non- pipe segment remained relatively steady during the week, while buying interest from pipe manufacturers remained sluggish. Pipe converters have been unable to revise their product prices following the imposition of the preliminary countervailing duty, which has further pressured their margins and constrained purchasing activity. Traders also noted that domestic PVC offers remained more competitive than imported material, reducing the attractiveness of international cargoes. In addition, Chinese export availability has declined, with one...

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