India PVC Prices Stable: Market Analysis

India PVC: Subdued demand and volatile macro keep prices unchanged amid higher offers / Domestic prices unchanged around Rupees 65-70/kg / Weak forex rate making exports expensive

Jun 08, 2026

CFR India PVC suspension grade at $735/ mt, unchanged week over week amid continued poor domestic demand and thin trading activity. While two exporters were heard to have announced their October offers $760/mt and $800/mt CFR India, market participants said that these were too high given the current macroeconomic volatility amid the depreciating exchange rate, and hence, no trading activity was heard. End-users said that with the domestic rate at Rupees 65-70/ kg and the rupee depreciating, only China-origin cargoes were still suitable for imports. China-origin cargoes were heard discussed at $640-$660/ mt CFR India for carbide and ethylene-based cargoes, while another trader said that almost 150,000-200,00 mt of cargoes were expected to arrive in India in September, which will further increase inventories and put downward pressure on domestic prices....

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