PVC prices fall in China on weak demand; India maintains output levels
India's PVC demand is projected to reach 6.43 million tons by 2030, with a manufacturing capacity of 1.75 million tons. FY24 production hit 1.47 million tons, showing strong capacity utilisation. In China, PVC production is expected to total 21 million tons, with 66 per cent consumed domestically. PVC prices in Asia are falling due to weak demand, particularly in construction and infrastructure.
India's PVC demand is projected to reach 6.43 million tons by 2030, with a manufacturing capacity of 1.75 million tons.
FY24 production hit 1.47 million tons, showing strong capacity utilisation.
In China, PVC production is expected to total 21 million tons, with 66 per cent consumed domestically.
PVC prices in Asia are falling due to weak demand, particularly in construction and infrastructure.
