Recently, polyvinyl chloride (PVC) markets in major global regions have shown an upward trend, with specific analyses as follows.

In the United States, demand has not yet fully recovered following the recent winter holidays. Local PVC producers have accordingly reduced shipment volumes, leading to a decrease in spot supply and driving a sequential increase in the local export average price.

In Northwest Europe, due to the shutdown and maintenance of some facilities, the operating rates of chlor-alkali production plants are relatively low. Furthermore, starting this January, the European Union imposed definitive anti-dumping duties on U.S. PVC, reducing the competitiveness of U.S. cargo. Consequently, Northwest European suppliers have refocused on their traditional domestic and African markets, enhancing price flexibility.

In some Asian regions, expectations of the upcoming cancellation of export tax rebates have led to concentrated purchasing orders from Southeast Asian PVC users. Coupled with a rapid increase in sea freight rates, the cost, insurance, and freight (CIF) prices in the region have risen.

The PVC import market in India is trending upward, with a faster pace of market transactions. Specific manifestations include: Firstly, India is experiencing seasonal demand recovery. As the off-season nears its end and weather conditions improve from February to March, operating rates of downstream pipe and profile manufacturers in the region have increased. The commencement of infrastructure and real estate projects has also risen, shifting purchasing strategies from "bargain hunting" to "essential restocking," providing some support for import prices. Secondly, influenced by policy expectations among local downstream enterprises, preemptive purchases were made to secure low-cost supplies, leading to concentrated order placements in January. Some companies even completed March pre-sales, pushing import prices upward. Thirdly, the overall strengthening of the PVC market in Asia has resulted in significant regional linkage effects, contributing to the rise in India's import quotations.