Chemplast Sanmar Limited has opted to maintain its pricing for PVC Paste grade material, leaving rates unchanged as of September 1, 2025.
A domestic industry source informed the Polymerduniya team that the company’s current basic price stands at Rs.101.50/kg, with no adjustments announced despite fluctuations in broader raw material and polymer markets. The decision to hold prices steady reflects a cautious approach, as demand trends in the Indian market remain mixed and producers weigh the balance between raw material costs, downstream consumption, and competitive pressures from imports.
Market observers noted that stability in local PVC Paste prices comes at a time when sentiment in the wider polyvinyl chloride market has been subdued. Seasonal slowdown in demand from coatings, flooring, and synthetic leather applications has limited the scope for price hikes, while ample availability in the domestic market has kept buying interest restrained. With imports also flowing into India at competitive levels, producers appear to be adopting a wait-and-watch strategy before making any significant changes to pricing.
Industry participants added that September typically signals the start of a more active procurement cycle as buyers return from the monsoon season, but current conditions suggest demand recovery may be gradual rather than robust. Chemplast’s decision to hold prices flat indicates confidence in stable short-term fundamentals, though much will depend on whether downstream consumption improves as the festive season approaches.
The unchanged price also highlights how producers are aligning their strategies with current feedstock and energy market trends, where volatility in crude and naphtha values has not translated into immediate cost pressures for PVC producers. Going forward, market players expect that any adjustments to PVC Paste grade prices will likely hinge on both global supply dynamics and local demand recovery in the coming quarter.
