CPVC
CPVC (Chlorinated Polyvinyl Chloride) is a thermoplastic known for its superior resistance to heat and chemicals, long-term reliability, and chemical durability...
SHANDONG GAOXIN CPVC K57 (J500) in Mundra
₹1,32,000/MT
0%
7 days ago
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Daily Market Report
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Asian PVC Market Faces Oversupply Challenges Amid Weak Real Estate Demand in 2025
PVC prices range between ₹74-77.75/kg, with a notable oversupply in the Asian market due to increased production and declining real estate demand. Despite a 2.5% rise in production to 20.5 million tons in 2024, apparent consumption fell, exacerbating inventory build-ups and pressuring prices downward in a sluggish economic environment.
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PVC Market Struggles Amid Weak Demand, High Supply, and Limited Cost Support
The PVC spot market continues its bearish trend, weighed down by weak demand and high production levels. International markets also softened due to lower demand and new capacities in China. Experts forecast continued volatility for January 2025.
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PET Gains Momentum, Pressures HDPE and PVC Markets
Polymer prices remained largely stable, with slight fluctuations in select grades like HDPE PE100 Natural (-₹2/kg) and LLDPE (+₹0.5/kg). Demand for HDPE blow and PVC is declining as PET gains market share. Virgin polymer markets see routine orders but below expected levels. Global trends include price hikes and plant maintenance updates.
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