PVC Suspension Grade Market Update

Market Overview
This week, PVC suspension grade prices moved higher across Asia, supported by a leading Taiwanese producer's raised September shipment offers and surging upstream ethylene costs. Elevated freight rates and logistical disruptions across the region further bolstered market sentiment.

Regional Price Movements

• India: Saw the largest gain at USD 830–910/mt CFR, up USD 30/mt. The Taiwanese producer's S-65D grade September offer reached USD 910/mt. Additionally, Reliance Industries raised domestic PVC prices by Rs 1.50/kg effective August 22.

• Far East Asia: Prices were assessed at USD 760–840/mt CFR, up USD 10/mt week-on-week.

• Southeast Asia: Prices reached USD 760–870/mt CFR, also up USD 10/mt.

• South Asia: Markets including Pakistan, Sri Lanka, and Bangladesh registered gains of USD 10–20/mt.

Feedstock & Cost Support

• CFR Northeast Asia Ethylene: Surged USD 90/mt to USD 1,065–1,075/mt.

• CFR Southeast Asia Ethylene: Spiked USD 100/mt to USD 1,045–1,055/mt.

Market Sentiment & Demand
Despite strong cost support, subdued downstream demand and cautious buying limited the upside. Buyers remained resistant to sharply higher prices, keeping a close watch on actual consumption.

Loonwan: Your Strategic Sourcing Partner
As a Hong Kong-based resin and valve import/export trader, Loonwan continuously tracks PVC price differentials and cargo flows across Asian regions. In an environment of rising feedstock costs and divergent regional offers, Loonwan helps global buyers compare and source across origins to optimize landed costs and delivery schedules.