Indian PVC Resin Trends: June 2026 Analysis

India PVC: Prices drop on thin trading activity, lower tradable ideas / Domestic prices down Rupees 4-6/kg WOW / Asia market mixed

Jun 09, 2026

CFR India PVC suspension grade at $755/ mt Sept. 10, down $5/mt week over week, amid a poor domestic market, thin trading activity and lower tradable ideas. The domestic Indian open market, which was heard discussed at around Rupees 71-75/kg last week, was at Rupees 68-72/kg Sept. 10, with end-users suggesting that later in the evening, prices were further lower at around Rupees 65/kg. While one source attributed the price correction to higher domestic inventories due to a large number of incoming cargoes, a trader said demand in the market was subdued and buying was limited. In addition to a major local producer reportedly offering a discount scheme, market sources anticipate that the ongoing challenges in macroeconomic fundamentals, including a sluggish housing market, will exert downward pressure on prices. However,...

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