Chemicals Updates

India PVC: Prices steady amid anticipation of antidumping duty clarity / Domestic prices heard at Rupees 70/kg / Asia market sees mixed trends

Aug 07, 2025

CFR India PVC suspension grade at $730/mt, unchanged week over week on Aug. 6, amid a quiet market as most participants awaited the announcement of the antidumping duty investigation, expected in several weeks. Market discussions remained subdued, with sources confirming that tradable levels were rangebound. Price discussions for Chinese-origin cargoes were mixed, with wide spreads heard at $665-$680/mt for carbide-based cargoes and $680-$710/mt for ethylene-based cargoes. One market source said the demand surge seen last week appeared to have tapered off, with local prices expected to decline shortly. However, this could not be corroborated. Several players noted they were out of the market for the time being. Domestic markets remained firm, with prices heard at Rupees 70/kg ex-works India. In Asia, East China domestic ethylene-based PVC down Yuan 50/mt week...

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