PVC MARKET UPDATE

RIL Revises PVC Prices Downward by ₹3,000/MT

📅 2 July 2026 📊 Fynsource Market Intelligence

Reliance Industries Limited (RIL) has announced a downward revision in Polyvinyl Chloride (PVC) prices for the domestic market. The revised prices are effective from 2 July 2026.

As per the latest producer notification, PVC prices have been reduced by ₹3,000 per Metric Ton (MT). The revision is expected to provide cost relief to processors, pipe manufacturers, profile extruders, cable compounders and other downstream PVC consumers across India.

RIL has also confirmed that Price Protection for PVC has been withdrawn. Consequently, future purchases will be billed at the prevailing market price, making procurement timing more critical for buyers and distributors.

Market Insight:

The ₹3,000/MT reduction is expected to improve buying sentiment in the domestic PVC market. While lower prices may encourage fresh procurement and inventory replenishment, the withdrawal of price protection means buyers should closely monitor upcoming producer announcements and market developments, as future price movements may remain dependent on global PVC supply, VCM feedstock costs and import trends.

PVC is one of the most widely used polymers across pipes & fittings, electrical conduits, cable insulation, window profiles, flooring, packaging and construction applications. Price revisions by Reliance Industries Limited often influence domestic market pricing and trading activity across key polymer markets in India.

Key Market Highlights

  • PVC prices reduced by ₹3,000/MT.
  • Effective from 2 July 2026.
  • Price Protection for PVC has been withdrawn.
  • Lower procurement cost for PVC processors and manufacturers.
  • Expected to support buying activity across the domestic PVC market.
What It Means for Buyers
  • Lower raw material costs for PVC applications.
  • Opportunity to replenish inventories at reduced prices.
  • Withdrawal of price protection increases the importance of timely procurement.
  • Monitor future producer price announcements closely.
  • Potential increase in PVC trading activity across India.

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Reliance Industries Limited (RIL) is one of India's leading petrochemical producers and a major supplier of PVC Resin and other polymer products. The latest PVC price revision is expected to influence procurement strategies, inventory planning and market sentiment across the domestic polymer industry in the coming weeks.