Vol. XI · The Credco WireOne paisa moves a market
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SupplyThursday, 24 September 2026·India

China S-PVC Exports Rebound in August as India Raises Purchases

China S-PVC Exports Rebound in August as India Raises Purchases
China’s suspension PVC (S-PVC) exports recovered strongly in August after declining noticeably during the previous two months. Total shipments exceeded 300,000 tons during the month, marking a substantial increase from July and a smaller gain compared with the same period last year.

India, which remained the largest destination for Chinese S-PVC, played an important role in the recovery by significantly increasing its share of China’s total export volumes.

August Exports Increase Month on Month and Year on Year

China’s S-PVC exports climbed 45% month on month to more than 300,000 tons in August, following declines in both June and July. On a yearly basis, exports increased 11% in August 2026.

Export values also recorded notable growth. China’s S-PVC shipments were valued at nearly $215 million in August, representing a 42% increase from July and a 23% rise compared with August of the previous year.

During the first eight months of 2026, China’s cumulative S-PVC exports approached 3 million tons. This volume has already exceeded the full-year totals recorded before 2025, when China’s annual exports reached a previous record high.

India Expands Share as Vietnam Demand Weakens

India retained its position as China’s largest S-PVC export market in August, with its share rising sharply to 44% from 16% in July.

Vietnam remained the second-largest destination, although its share nearly halved to around 7% of China’s total S-PVC exports.

Uzbekistan moved into third place among China’s leading S-PVC buyers, rising from fifth place in July and accounting for approximately 5% of total shipments.

Russia, which ranked as China’s third-largest destination in July, slipped to sixth place in August.

India Drives China’s August Export Recovery

The sharp increase in India’s share provided significant support to China’s S-PVC export performance in August. At the same time, weaker participation from Vietnam and changes among other major destinations reshaped the overall buyer distribution.

With cumulative exports already approaching 3 million tons in the first eight months of 2026, China continues to maintain strong export volumes in the S-PVC market.

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