Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting

country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with

standard international trade definitions.

 

Chlorinated Polyvinyl Chloride (CPVC) Price Trend Q1 2026

In Q1 2026,the global CPVC resin industry displayed a robust chlorinated polyvinyl chloride price trend due to increases in prices by about 1-9%,based on strong

supplyanddemandfundamentals,alongsideregionaldiferences.heincreaseincpvcpricetrendisprompedbyconsistentrawmaterialandenergycostscoupled

with strong demand for applications in the construction and plumbing industries.

In significant markets,manufacturers recorded balanced plant utilization rates,which helped maintain a balanced supply and facilitated an improvement in prices.

Buyers implemented their procurement plans to purchase products amidst a gradual rise in prices.

Moreover,inthelastmonthofthequarter,geopoliticaleventsinvolvingconflctintheMiddleEast affectedenergypricesandproductioncostspositively,reinforcing

the positive price trend.

 

China: CPVC Export price from China; Grade-Pipe grade (Chlorine content 66.8-67.8%)

 

 

the supply of CPVC in the market.

 

with importing ethylene have risen owing to the closure of major cracker and refinery facilities in South Korea.

YNCC has also announced force majeure related to disruptions in the Strait of Hormuz, causing delays in naphtha imports and creating tightness in ethylene supply

within the region. Furthermore,in anticipation of a 13% VAT export rebate cut, companies have rushed shipments for export purposes, causing a rise in the FOB level.

 

Japan: CPVC Export price from Japan; Grade-Pipe grade (Chlorine content 67%)

Chlorinated polyvinyl chloride price trend in Japan in Q1 2026 have been witnessing a moderate upward trend, reflecting an increase of around 1.1% over the quarter.

The CPVC price trend in Japan has been remaining firm as domestic ethylene availability has been tightening following production cuts announced by Mitsui

Chemicals, which have been reducing feedstock supply.

cvcpricingdynamicshavebeenstrengtheningfutherasmajorresinproducerssuchasshin-tsuchemicalhavebeenreducingdomesticpvoutputsupporting

firmer compound levels.

In March 2026, CPVC prices in Japan have been increasing by approximately 8.8%, driven by stronger cost support and tightening supply conditions amid ongoing

disruptions in the Strait of Hormuz, which have been elevating raw material risks.Additionally,Idemitsu Kosan has been highlighting potential closures,further

intensifying supply concerns in the market.

 

India: CPVC import price in India from China; Grade-Pipe grade (Chlorine content 66.8-67.8%)

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The CPvC price trend in India has been remaining firm as higher import offers from China and elevated upstream ethylene costs have been supporting market

sentiment.

Supplydisruptions linked to tensions in the MiddleEast have been constraining feedstock availability,increasing production costs,and supporting higherexport

levels.Freight rates have also been rising amid shipping uncertainties,adding upward pressure on prices.

According to Price-Watch",in March 2026,CPVC prices in India have been increasing by approximately 16.2%,driven by continued cost escalation and firm import

dynamics amid ongoing Middle East disruptions. Import availability has remained steady, while buyers have been increasing procurement to secure material in a

rising market environment.

Chlorinated Polyvinyl Chloride (CPVC) Price Trend Analysis: Q4 2025

The CPY resin marketn the APAC reson, comprising of China,Indle,and Russle,exhibted a moderate bearish trend in 4 202s, where prices recuced y abou3-5% in these markets. This downward price trend is linked to a balanced market supply postion and slighty weaker demand from the construction and plumbingend-use industries.
n China and ndla, ample supplles of product coupled with consisten operations at producers units ensured adequate market supplles, while buyers are moreselective in their purchases, preventing price increases
n Rusi, tere s a smlar trend as prices eased because of stble domestc suppy leves and managed demand condtions, resuting in lack of bulsh sentimentin the market

China: CPVC Export price from China; Grade - Pipe grade (Chlorine content 66.8-67.8%)

CPVC price in China has ben exhibting a downward trend in the fourth quarter of 2025,experiencing a reduction of about 3.9%. The CPVC price trend in Chinahas exhibited a weak pattern, gven the lower levels of demand from construction and plping applications, which has affected purchases.
The domestic supply poston has been favorable, with manufacturers keeping steady production rates and securing ample avalabilty in the market The exportvolumes have been average, considering that buyers have used their current stocks without making new purchases
The fedstock cost support has been mihimal, resuting n overal low market sentiment, while transactions have been slow owing to conservaive purchasepolicies. Price of CPVC in China has demonstrated limited signs of recovery towards the end of the quarter. In China, CPVC prices in December 2025 havewitnessed a slight rise of about 0.6%.

Japan: CPVC Export price from Japan; Grade - Pipe grade (Chlorine content 67%)

oPYC prces n Japan in 4 2025 have been decining,reflecting a decrease of around 5. % over the quarter, The CPYC price trend in Japan has been remahingweak as demand from construction and plumbing sectors has been softening, which has been reducing procurement levels.
Domestic producers have been mantaihing stable suppy levets, which have been ensurng adequate avalabity. Export activity has remained moderate, wthimited regional demand support. Feedstock costinfluence has remained stable to slighty weaker, which has been reducing pricing support
Trading sentment has remaned cautious, as buyers have ben aighig purchases wih consumpton needs In December 202s, cC prices in Japan have beendecreasing by approximately 0.9%, reflecting continued pressure from subdued demand and stable supply dynamics.

India: CPVC import price in India from China; Grade - Pipe grade (Chlorine content 66.8-67.8%)

CPVC prices in India in Q4 2025 have been declining, refiecting a decrease of around 3.6% over the quarter. The CPVC price trend in India has been remainingslighty weak as demand from plumbing and construction sectors has been staying steady but not strong enough to support higher procurement.Import arivalsfrom China have been remaining consistent, which have been ensuring adequate availability.Frelgnt rates and logistcs condtions have remaned stable, which have been supporting steady rade fows. Buyers have been mantaining cautous purchasingstrategies, as inventory levels have remained sufficient.
In December 2025 CyC prices I ndla have been increasing by approxmately 1., as mproved importinquires and slghty trmer ofers have been supportnga mild increase despite balanced market conditions.