PVC Price Trends & Forecast | Monthly, Quarterly, Yearly Data (2024–2025)
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Introduction
PVC (Polyvinyl Chloride) is a very crucial raw material used in pipes, fittings, cables, packaging, and a wide range of industrial and consumer goods. Due to its wide applications, any shift in the PVC price directly affects costs in the construction, agriculture, and manufacturing sectors.
With demand growing and supply chains facing constant global pressures, understanding PVC price trends has become more important than ever. In this blog, we will discuss historical prices, near-term forecasts, and regional rates to help you stay informed and make better decisions when buying.
Key Highlights
- Current Price (Latest Update): Rs 64,250/MT
- Price Change (Last Quarter): −10.14%
- Forecast for Next Quarter: Increased supply and cautious buying behaviour could continue price declines.
Historical Price Trends
PVC Price Chart (Historical Data)
| Month | Price (Rs./MT) | Change (%) | Remarks |
| May 2025 | 64,250 | -4.81% | Continued weak demand from construction and agriculture sectors because of peak summer slowdown; high inventories at stockist level pressured domestic prices. |
| Apr 2025 | 67,500 | -2.88% | Slow domestic offtake along with softening import offers from China and South Korea; buyers avoided bulk purchases as they were hoping for more price cuts. |
| Mar 2025 | 69,500 | -2.80% | High operating rates led to higher inventories, while downstream demand remained weak, especially in the construction sector. |
| Feb 2025 | 71,500 | -3.38% | Reduced PVC exports from India because of price uncompetitiveness; domestic demand weakened amid subdued activity. |
| Jan 2025 | 74,000 | -3.27% | Increased production in Asia, coupled with declining real estate demand, led to an oversupply situation. |
| Dec 2024 | 76,500 | +4.43% | The initial announcement of mandatory BIS certification for PVC imports led to a surge in demand as importers rushed to stockpile material before the implementation deadline. |
Price Forecast
PVC Price Forecast for 2025
- Q2 2025 Forecast: An increase in construction activity is expected in China, India, and the US, which may boost demand. However, rising production rates could add supply pressure, which could limit significant price increases.
- Q3 2025 Forecast: This quarter may show mixed trends. Steady demand from the construction sector may support prices, though potential oversupply because of new capacities will play a crucial role. Demand may also soften if global economic uncertainties increase.
- Q4 2025 Forecast: Prices are anticipated to remain stable, with balanced supply-demand dynamics in the region. Seasonal demand recovery is expected. Trade policies and tariffs could influence price stability.
- 2025 Outlook: The global PVC market in 2025 is projected to see modest growth, and there may be regional variations due to supply-demand dynamics, raw material costs, and macroeconomic factors. Strong demand from irrigation, water supply, sanitation, and housing sectors is projected to bring a 10–12% volume growth in PVC pipe manufacturing. Government initiatives like the Jal Jeevan Mission and Pradhan Mantri Awas Yojana could remain big contributors. The global PVC market size reached USD 47.0 billion in 2024 and is expected to grow at a CAGR of 3.6% from 2025 to 2033, reaching USD 65.7 billion by 2033.
Regional Price Trends
PVC Price in Bhiwandi, Mundra, Chennai (2025)
| Region | Price (Rs./MT) | Trend (Last Quarter) |
| Bhiwandi | 64,150 | Falling |
| Mundra | 63,650 | Falling |
| Chennai | 64,900 | Falling |
Factors Influencing Price
Key Drivers Affecting PVC Prices
- Ethylene and VCM Prices: Major raw materials that directly affect production costs.
- Import Duties & Trade Policies: Global supply constraints or tariffs on Chinese imports can raise costs.
- Demand from Construction & Agriculture: These two sectors consume the most PVC in India.
- Energy Costs: Power-intensive production makes prices sensitive to electricity and fuel rates.
- Shipping & Global Events: Crises like container shortages or port delays add to overall cost pressure.
Conclusion
The PVC price trends for 2024–2025 point toward stability or gradual increases, especially in the second half of the year. For manufacturers, traders, and bulk buyers, keeping track of daily rates and forecasts is necessary to manage procurement budgets.
With Nexizo, you can monitor live PVC price movements, get instant alerts, and access reliable PVC price forecast data backed by real-time demand and supplier insights.
Start tracking PVC prices now with Nexizo and stay a step ahead of market fluctuations.
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