Since December, increased maintenance at PVC plants in the United States has reduced spot supply. Concurrently, with the holiday season approaching, restocking demand from local and overseas downstream buyers has risen, accelerating overall market transactions. As a result, the monthly average export price of U.S. PVC has increased month-on-month.

In Northwest Europe, chlor-alkali plant operating rates remained at normal levels, ensuring ample market supply. Overseas downstream demand showed no significant improvement, with manufacturers primarily fulfilling existing orders and receiving few new orders. Consequently, the average monthly export price for local PVC declined again.

Southeast Asia saw limited PVC plant maintenance, with most manufacturers operating at high capacity. Market supply and inventory levels remained elevated. As local construction and pipe markets entered their off-season, oversupply prevailed, exerting downward pressure on prices.

India's PVC market remains subdued. Compounded by the influx of low-priced overseas supplies and the impact of trade policies, market sentiment has turned increasingly cautious, leading to a weakening trend in local PVC prices.

As an integrated internet platform providing benchmark prices, on December 26th, SunSirs' benchmark price for PVC was 4383.00 RMB/ton, a decrease of 1.55% compared to the beginning of the month (4452.00 RMB/ton).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.