Vinyl chloride monomer: Trading

No VCM futures, so traders watch Dalian PVC

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

Who buys, and where

US Gulf, Japan, Taiwan, Korea and Middle East exporters of VCM and EDC

Who sells, and from where

PVC makers in India, South-East Asia, Turkey and Egypt that lack ethylene

Price benchmarks

Benchmark	Publisher	Basis
VCM CFR Asia / CFR India	ICIS; S&P Global Platts	spot, weekly
EDC fob USG; EDC CFR Asia	Argus; ICIS	spot, weekly
PVC CFR India (suspension)	S&P Global Platts	weekly

Exchanges

Venue	Contract	Notes
Dalian Commodity Exchange	PVC futures, 5 t	liquid; no VCM futures exist

Contract types

Term contracts with formula pricing linked to PVC or ethylene
Spot cargoes in pressurised or semi-refrigerated gas carriers

Traders and distributors

Producers' trading arms; Japanese trading houses (Mitsui, Mitsubishi) in Asian VCM (indicative)

How Indian buyers price it

VCM priced on import parity CFR India
Reliance publishes PVC list prices that follow CFR India plus duties
DGTR and DGFT remedies: ADD on PVC paste resin (March 2025); suspension PVC ADD recommended Aug 2025 but not imposed; CVD probe on Chinese PVC from 27 Feb 2026; DGFT import restriction on S-PVC at or below $0.766/kg CIF for six months from 24 Jul 2026

Recent price points

Date	Price	Basis	Source
25 Feb 2026	$720/t	suspension PVC CFR India	S&P Global, 27 Feb 2026

Good sources to follow

S&P Global Commodity Insights chemicals newsfreemium research site · S&P Global

PVC and VCM prices and trade cases

Polymerupdatefreemium newsletter · Polymerupdate

Indian polymer prices and DGTR cases

Argus Chlor-Alkali Outlookpaid newsletter · Argus Media

EDC, VCM, PVC and chlor-alkali outlook

Offshore Technology / GlobalData analyst commentfree research site · GlobalData

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