China's domestic PVC prices climbed to multi-month highs up to October 30, 2026, as prolonged production curtailments and firmer futures outweighed initial concerns over India's preliminary countervailing duty findings.
Warehouse inventories recorded a third consecutive weekly decline to a fresh 13-month low, reinforcing supply-side support, according to CommoPlast.
Export offers extended their rally for a fourth straight week, with some Chinese suppliers suspending offers amid rapidly rising futures. However, overseas buyers began retreating as prices surged, following earlier deals to India at considerably lower levels.
With Indian CVD implementation still pending and winter approaching in northern China, the rally faces growing buyer resistance amid persistently lukewarm end-product demand.
