SHANDONG GAOXIN CPVC K57 (J500) in Mundra

Imported PVC K67 prices at Mundra range from ₹63,900–₹68,250/MT, varying by origin. Despite brief stabilization, April ended with a 4.7% price drop. Elevated inventories, high production rates, and weak futures continue to weigh on sentiment. The market remains bearish, with limited downstream interest and weak cost support in May 2025.

India's polymer market is witnessing a major shift in 2025, with fewer MoUs and a stronger push toward flexible, spot-based procurement. Prices remain high across key regions, while trading companies and digital platforms gain importance. Polyethylene demand is surging, prompting structural changes in supply strategy and sourcing behavior.

Polymer prices in India reflect cautious trading amid global oversupply and weak demand. XINFA PVC K67 is at ₹64,000/MT in Bhiwandi; HDPE PE100 at ₹92,520/MT in Delhi. PP and PE segments are under pressure, with incentives failing to spur demand. Anti-dumping measures may offer limited support for PVC prices.

PVC prices slipped slightly this week, with China's SG-5 averaging $655.48/ton, down 0.48%. Demand stayed weak across Asia and Europe, while US export prices held steady amid trade uncertainty. Stable production and low downstream activity kept the market sluggish. Market players expect PVC prices to stay range-bound in the near term due to weak demand and geopolitical pressures.

Polymer markets remain cautious amid falling crude prices and U.S. tariffs. PE and PP buyers are holding back, anticipating further price drops. PVC demand is hit by cheaper imports, prompting anti-dumping duty action. Key price cuts from JPFL and RIL signal inventory pressure. Markt players await clarity on trade and pricing trends before major moves.

Reliance Industries Limited (RIL) has officially announced its Annual Procurement Requirement (APR) policy for Polyvinyl Chloride (PVC) applicable for the financial year 2025-26, starting from April 2025. The policy outlines key requirements for participation, performance-linked discounts, and provisions for new entrants and existing dealers.

PVC K67 prices in India remain stable at ₹68,500–69,500/MT across top brands. The market continues to rely heavily on imports amid pending anti-dumping duty (ADD) decisions. Market uncertainty persists, with ADD ruling likely to impact cost structure ahead.

The PVC market remains volatile, with Chinese suppliers offering competitive prices and South Korean brands leading at ₹70,000/MT. Weak demand has led to price declines, despite stable supply.

PVC prices in India fluctuated throughout February, with an initial rise driven by strong crude oil prices and PVC futures, followed by stabilization due to weak calcium carbide markets and moderate downstream demand. RIL announced a ₹1,000/MT price cut, while global plant shutdowns impacted supply. Market stability is expected in March.