Taiwanese Producer Re-enters Asia PVC Market with Sharp May Price Increases

After skipping its usual April pricing due to upstream disruptions, a leading Taiwanese producer has returned to the Asian PVC market with strong price hikes for May shipments. This marks a continuation of the upward trend seen since February, supported by global cost pressures linked to the Middle East situation.

The latest price revisions come despite ongoing challenges such as excess supply in China—especially in acetylene-based PVC—and relatively weak demand across some regions.

Key Price Updates for May
CIF India: $1120/ton — up by $400
CIF China: $1060/ton — up by $340
FOB Taiwan: $1030/ton — up by $380
Other Regional Offers
Vietnam: $1060/ton (CIF)
Thailand: $1080/ton (CIF)
Malaysia: $1090/ton (CIF)

No discounts on volumes have been announced so far, and allocation details remain unclear at this stage.

Overall, the aggressive price increase reflects tightening cost conditions globally, even as regional demand and supply dynamics remain mixed.

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