China's domestic PVC prices climbed to multi-month highs up to 30 October 2026, as prolonged production curtailments and firmer futures outweighed initial concerns over India's preliminary countervailing duty (CVD) findings, according to CommoPlast.
Warehouse inventories recorded a third consecutive weekly decline to a fresh 13-month low, reinforcing supply-side support.
Export offers extended their rally for a fourth straight week, with some Chinese suppliers suspending offers amid rapidly rising futures.
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 resistance from buyers questioning whether tightening supply can offset lukewarm end-product demand.
