| Product |
Country |
Price |
Last Updated Month |
| Polyvinyl Chloride |
China |
USD 618/MT |
October 2025 |
Asia
During Q4’25, the PVC market in Asia continued to be affected by oversupply and a lack of demand. The production rates of PVC in China, South Korea, and Taiwan remained steady despite the lack of domestic demand. This led suppliers to rely on exports to absorb the excess supply. Europe was one of the major export destinations in the early part of the year, but the threat of antidumping duties made suppliers cautious. Some Asian suppliers attempted to keep their prices competitive to retain market share, particularly since freight costs to Europe were reasonable. Nevertheless, buyers remained cautious due to the possibility of changes in trade policies. During the quarter, prices in Asia remained soft due to the continued disparity between supply and demand. The prices in China settled at around 618 USD/MT (Spot FD) in the said quarter.
Europe
In Europe, the PVC prices in Q4’25 were stable to slightly lower. The European market was affected by low demand, especially from the construction industry, which remained weak. However, the European market experienced strong import flows in the earlier part of the year from South Korea, China, and Taiwan, as the duties imposed made US and Egyptian PVC uncompetitive. The Southern European market, especially Italy, was under the greatest pressure from imports. The domestic manufacturers were struggling with high energy and sustainability costs, which affected their margins. Some capacity cuts, including plant shutdowns, reflected the severity of the situation. However, the European manufacturers were actively seeking new antidumping measures against Asian imports.
North America
PVC pricing in North America for Q4’25 remained flat to slightly lower. Supply remained steady, and there were no issues affecting production. Demand from the construction sector remained moderate but not strong enough to drive pricing upwards. Compared to PET, which benefited from its tariff impact, PVC did not see similar support. The market remained well supplied, and end-users did not feel pressured to secure material. Export options were also hindered by global competition and excess supply from Asia.
Analyst Insight
According to Procurement Resource, the PVC market is expected to remain well balanced but relatively weak until demand improves or trade flows are balanced. Any resolution of antidumping cases in Europe could have a significant impact on global trade flows.