For the Quarter Ending June 2026
Vinyl Chloride Monomer Prices in North America
- In North America, the Vinyl Chloride Monomer Price Index remained largely stable quarter-over-quarter, supported by balanced supply and demand.
- Vinyl Chloride Monomer (VCM) prices hovered around USD 710/MT (FOB basis) during Q2 2026.
- Stable feedstock ethylene availability helped producers maintain consistent operating rates throughout the quarter.
- The Vinyl Chloride Monomer Price Forecast remained neutral as steady domestic demand offset adequate supply.
- Procurement from PVC manufacturers remained stable, with purchases largely based on immediate production requirements.
- Domestic production remained sufficient despite periodic maintenance at selected facilities.
- Export demand provided additional support, helping producers maintain balanced inventory levels.
- Construction-related PVC demand remained moderate, preventing significant shifts in market fundamentals.
- Consistent logistics and adequate regional supply supported stability in the Vinyl Chloride Monomer Price Index.
Why did the price of Vinyl Chloride Monomer change in June 2026 in North America?
- Balanced domestic supply and demand kept prices largely unchanged.
- Stable ethylene costs supported consistent production economics.
- Moderate PVC demand and sufficient inventories maintained a stable market environment.
Vinyl Chloride Monomer Prices in APAC
- In India, the Vinyl Chloride Monomer Price Index rose by 16.79% quarter-over-quarter, reflecting import volumes.
- The average Vinyl Chloride Monomer price this quarter was approximately USD 695.89/MT in Indian Tuticorin.
- Vinyl Chloride Monomer Spot Price weakened as export offers pressured the Indian Price Index June.
- Vinyl Chloride Monomer Production Cost Trend eased as Ethylene Dichloride falls further limited domestic cost-pass-through.
- Vinyl Chloride Monomer Demand Outlook remained weak as monsoon and subdued construction delayed PVC procurement.
- Vinyl Chloride Monomer Price Forecast shows near-term stability with occasional upticks from restocking and turnarounds.
- Port inventories at Tuticorin and Mundra stayed comfortable, letting suppliers maintain offers aggressive, limiting upside.
- US Gulf and Northeast Asia production increases amplified exports, pressuring Vinyl Chloride Monomer Price Index.
Why did the price of Vinyl Chloride Monomer change in June 2026 in APAC?
- Abundant import cargoes from US and Asia increased supply, undermining spot bids, pressuring local prices.
- EDC feedstock cost easing reduced production expenses, enabling sellers to offer lower VCM into India.
- Monsoon-related slowdown in construction and duty waiver diminished buying urgency, depressing Vinyl Chloride Monomer demand.
Vinyl Chloride Monomer Prices in MEA
- In Qatar, the Vinyl Chloride Monomer Price Index rose by 13.01% quarter-over-quarter, reflecting stronger quarterly totals.
- The average Vinyl Chloride Monomer price was approximately USD 651.67/MT per Qatari FOB data, officially.
- Regional export lengthening pressured the Vinyl Chloride Monomer Spot Price as Gulf cargo availability increased markedly.
- Inventory accumulation and efficient Hamad Port logistics altered the Vinyl Chloride Monomer Production Cost Trend.
- Weak PVC arbitrage and deferred converter purchases softened the Vinyl Chloride Monomer Demand Outlook across export markets.
- Forecast models indicate modest recovery; Vinyl Chloride Monomer Price Forecast assumes limited restocking and steady feedstock.
- Sellers offered discounts to clear stocks, causing the Vinyl Chloride Monomer Price Index to trend lower.
- Steady Saudi and Omani cracker operations increased export parcels, amplifying Gulf supply and pressuring Hamad competitiveness.
Why did the price of Vinyl Chloride Monomer change in June 2026 in MEA?
- Abundant regional exports increased cargo availability, lengthening supply and forcing competitive discounting across Gulf FOB markets.
- Muted overseas buying and PVC arbitrage deterioration reduced demand pull, leaving traders reluctant to rebuild inventories.
- Improved port throughput and logistical efficiency lowered premia, while feedstock stability limited cost-push support for offers.
Vinyl Chloride Monomer Prices in Europe
- In Europe, the Vinyl Chloride Monomer Price Index declined quarter-over-quarter as weak PVC demand outweighed balanced supply conditions.
- Feedstock ethylene costs softened during the quarter, reducing production cost pressure for VCM producers.
- The Vinyl Chloride Monomer Price Forecast remained cautious amid subdued construction activity and restrained PVC consumption.
- Demand from PVC manufacturers stayed weak as buyers operated with sufficient inventories and limited fresh procurement.
- Stable regional operating rates and adequate product availability kept supply comfortable throughout the quarter.
- Competitive import availability prevented suppliers from implementing significant price increases.
- Slow construction and infrastructure activity continued to weigh on downstream VCM demand across Europe.
- Balanced inventories and easing feedstock costs maintained downward pressure on the Vinyl Chloride Monomer Price Index.
Why did the price of Vinyl Chloride Monomer change in June 2026 in Europe?
- Softer ethylene costs reduced production expenses, weakening cost-side support.
- Weak PVC demand and cautious downstream buying limited market momentum.
- Comfortable supply and stable inventories prevented any significant price recovery.
For the Quarter Ending March 2026
Vinyl Chloride Monomer Price in APAC
- In Japan, the Vinyl Chloride Monomer Price Index rose by 20.61% quarter-over-quarter, driven by tighter spot availability.
- The average Vinyl Chloride Monomer price for the quarter was approximately USD 1554.67/MT including contractual volumes.
- Vinyl Chloride Monomer Spot Price strengthened as coastal inventories tightened and no inbound cargoes arrived to replenish port stocks.
- Vinyl Chloride Monomer Price Forecast reflects modest upward adjustments driven by restocking, steady exports, and seasonal construction demand.
- Vinyl Chloride Monomer Production Cost Trend shows increases from higher Ethylene Dichloride and LNG-linked power tariffs pushing variable costs.
- Vinyl Chloride Monomer Demand Outlook remains firm as PVC producers maintained run rates to meet regional construction and export orders.
- Vinyl Chloride Monomer Price Index volatility reflected front-loaded buying before Lunar New Year and subdued offshore enquiry afterwards.
- Ichihara complex operated at high rates while internal vinyl absorption limited merchant supply, supporting port selling and export commitments.
Why did the price of Vinyl Chloride Monomer change in March 2026 in APAC?
- Tight port availability reduced merchant supply supporting higher offers.
- Higher EDC feedstock and LNG-linked power tariffs increased VCM costs.
- Front-loaded buying before Lunar New Year tightened immediate demand briefly.
Vinyl Chloride Monomer Price in North America
- In the USA, the Vinyl Chloride Monomer Price Index rose quarter-over-quarter, driven by steady domestic demand.
- Vinyl Chloride Monomer Spot Price firmed as balanced supply conditions and consistent downstream offtake supported the market.
- Vinyl Chloride Monomer Price Forecast suggests a stable-to-firm trend with feedstock and chlorine chain dynamics influencing prices.
- Vinyl Chloride Monomer Production Cost Trend increased due to higher ethylene and chlorine-related input costs.
- Vinyl Chloride Monomer Demand Outlook remained healthy, supported by PVC demand from construction and infrastructure sectors.
- Domestic consumption strength and steady contract pricing supported the Vinyl Chloride Monomer Price Index.
- Producers operated at balanced rates, with adequate inventories preventing sharp spikes but supporting gradual price increases.
Why did the price of Vinyl Chloride Monomer change in March 2026 in North America?
- Rising ethylene and chlorine feedstock costs elevated production costs, leading to firmer pricing.
- Stable PVC demand from construction and infrastructure sectors maintained consistent buying activity.
- Balanced supply conditions and improved logistics supported steady market sentiment with a firm pricing bias.
Vinyl Chloride Monomer Price in Europe
- In Germany, the Vinyl Chloride Monomer Price Index increased quarter-over-quarter, supported by tighter regional supply.
- Vinyl Chloride Monomer Spot Price strengthened as reduced import arrivals and controlled inventories limited prompt availability.
- Vinyl Chloride Monomer Price Forecast indicates a firm outlook driven by feedstock cost pressures and steady downstream PVC demand.
- Vinyl Chloride Monomer Production Cost Trend rose due to higher Ethylene Dichloride costs and elevated energy tariffs across Europe.
- Vinyl Chloride Monomer Demand Outlook remained stable as PVC producers maintained moderate-to-high operating rates.
- Vinyl Chloride Monomer Price Index gains were supported by balanced supply-demand dynamics and firm contract settlements.
- Producers maintained steady operations, while limited spot availability and energy constraints supported firm pricing sentiment.
Why did the price of Vinyl Chloride Monomer change in March 2026 in Europe?
- Higher EDC feedstock and energy costs increased production expenses, pushing supplier offers upward.
- Controlled inventories and reduced import inflows tightened prompt supply across the region.
- Stable demand from PVC manufacturing, particularly in construction applications, sustained market firmness.
Vinyl Chloride Monomer Price in MEA
- In Qatar, the Vinyl Chloride Monomer Price Index rose by 7.12% quarter-over-quarter, driven by March supply tightness.
- The average Vinyl Chloride Monomer price for the quarter was approximately USD 576.67/MT, as reported on FOB Hamad assessment.
- Elevated March tightness lifted the Vinyl Chloride Monomer Spot Price, pushing the regional Price Index notably higher.
- The Vinyl Chloride Monomer Price Forecast signals short-term volatility driven by turnarounds and constrained Gulf export allocations.
- Regional feedstock stability moderated the Vinyl Chloride Monomer Production Cost Trend despite rising insurance and freight concerns.
- The Vinyl Chloride Monomer Demand Outlook remained subdued from seasonal construction lull and cautious converter procurement strategies.
- Export inventory draws at Hamad tightened availability, supporting the Price Index and firming prompt market bids.
- Continuous runs earlier sustained supply, while recent maintenance in Saudi and Oman created abrupt export tightness affecting spot prices.
Why did the price of Vinyl Chloride Monomer change in March 2026 in MEA?
- Scheduled turnarounds at Saudi and Omani complexes curtailed VCM export volumes, sharply tightening available re-export cargoes.
- Regional chlorine allocation shifted toward EDC production, reducing VCM synthesis and elevating immediate spot market pressure.
- Surge in spot buying from East Africa and South Asia rapidly absorbed scarce parcels, drawing down Hamad inventories.
For the Quarter Ending December 2025
Vinyl Chloride Monomer Price in North America
In the United States, the Vinyl Chloride Monomer Price Index fell quarter-over-quarter, reflecting soft downstream PVC demand.
- Vinyl Chloride Monomer Spot Price softened as inventories at Gulf Coast terminals remained ample, limiting seller leverage.
- Vinyl Chloride Monomer Price Forecast indicates limited upside near-term, with movement contingent on ethylene feedstock costs and PVC restocking patterns.
- Vinyl Chloride Monomer Production Cost Trend remained firm due to steady ethylene and EDC costs, though integrated producers absorbed some increases.
- Vinyl Chloride Monomer Demand Outlook remained subdued, with hand-to-mouth PVC purchasing and weak construction sector offtake.
- Price Index weakness reflected high domestic stock levels, steady plant operating rates, and constrained export opportunities.
- Smooth logistics and minimal plant outages supported supply continuity while moderating transactional activity.
Why did the price of Vinyl Chloride Monomer change in December 2025 in North America?
- Strong terminal and plant inventories kept supply abundant, suppressing upward pricing pressure.
- Weak PVC demand and conservative converter buying limited spot inquiries and overall VCM transactions.
- Integrated producers absorbed ethylene and EDC cost increases, restraining price pass-through to buyers.
Vinyl Chloride Monomer Price in APAC
- In Japan, the Vinyl Chloride Monomer Price Index fell by 9.18% quarter-over-quarter, driven by weak PVC demand.
- The average Vinyl Chloride Monomer price for the quarter was approximately USD 1289.00/MT, reported under subdued domestic demand.
- Vinyl Chloride Monomer Spot Price remained pressured by ample domestic stocks and reduced converter inquiries this quarter.
- Vinyl Chloride Monomer Price Forecast shows mild downside risk while Vinyl Chloride Monomer Production Cost Trend remains firmer.
- Vinyl Chloride Monomer Demand Outlook remains weak with hand-to-mouth buying and subdued construction-related PVC consumption across Japan.
- Vinyl Chloride Monomer Price Index weakness reflected high terminal inventories and limited export opportunities pressuring seller offers.
- Steady operating rates at Ichihara complexes-maintained supply, keeping Vinyl Chloride Monomer spot availability elevated through December.
- Firm EDC costs were absorbed by integrated producers, constraining pass-through and sustaining subdued Vinyl Chloride Monomer transaction levels.
Why did the price of Vinyl Chloride Monomer change in December 2025 in APAC?
- Ample domestic inventories and steady production kept supply abundant, undermining upward price pressure despite higher input costs.
- Weak downstream PVC demand and hand-to-mouth buying limited offtake, reducing spot inquiries and transaction volumes.
- Integrated producers absorbed EDC cost increases, lowering offers to clear stocks amid constrained export demand.
Vinyl Chloride Monomer Price in Europe
- In Germany, the Vinyl Chloride Monomer Price Index fell quarter-over-quarter, pressured by slow PVC offtake.
- Vinyl Chloride Monomer Spot Price eased as European PVC compounders drew down inventories cautiously.
- Vinyl Chloride Monomer Price Forecast suggests a sideways trend, dependent on ethylene feedstock movement and seasonal demand recovery.
- Vinyl Chloride Monomer Production Cost Trend remained steady, with EDC and ethylene prices broadly stable.
- Vinyl Chloride Monomer Demand Outlook stayed weak due to hand-to-mouth buying patterns in construction and infrastructure sectors.
- Price Index reflected sufficient regional supply and limited export demand, keeping seller offers in check.
- Plant operations ran near routine loads, while regional logistics maintained efficiency, ensuring consistent availability.
Why did the price of Vinyl Chloride Monomer change in December 2025 in Europe?
- Abundant domestic and imported VCM supply reduced market pressure, limiting the ability for sellers to increase prices.
- Muted PVC demand and cautious compounder purchases suppressed spot and contractual transactions.
- Stable feedstock costs and uninterrupted plant operations allowed producers to maintain steady offers despite weak downstream offtake.
Vinyl Chloride Monomer Price in MEA
- In Qatar, the Vinyl Chloride Monomer Price Index rose by 0.94% quarter-over-quarter, reflecting mixed fundamentals.
- The average Vinyl Chloride Monomer price for the quarter was approximately USD 538.33/MT, reported regionally.
- Regional Vinyl Chloride Monomer Spot Price softened as exporters trimmed offers to reduce terminal inventories.
- Vinyl Chloride Monomer Price Forecast sees downside risk amid ample supply and muted export enquiries.
- Vinyl Chloride Monomer Production Cost Trend showed limited upward pressure from EDC and ethylene benchmarks.
- Vinyl Chloride Monomer Demand Outlook remains subdued as PVC offtake slows across South Asia markets.
- Hamad export allocations and competitive Asian US offer weakened the Vinyl Chloride Monomer Price Index.
- Smooth logistics preserved vessel turnarounds while sellers trimmed offers to stimulate liftings and clear inventories.
Why did the price of Vinyl Chloride Monomer change in December 2025 in MEA?
- Easier regional supply from Saudi, Omani cargo redirections increased spot availability, pressuring December export pricing.
- Year-end slowdown reduced PVC compounder procurement and overseas offtake, prompting sellers to trim offers aggressively.
- Stable logistics, absence of maintenance eased shipment constraints, enabling higher terminal inventories and weaker pricing.
For the Quarter Ending September 2025
Vinyl Chloride Monomer Price in North America
- The VCM Price Index in North America showed a broadly stable trend during Q3 2025, supported by balanced supply-demand dynamics and consistent downstream activity, particularly in polyvinyl chloride (PVC) production.
- Spot Price for VCM witnessed a modest increase in September, reflecting proactive inventory management and sustained PVC output in southern U.S. states. Prices remained within a narrow band for most of the quarter.
- Prices increased slightly in September due to firmer feedstock costs—especially ethylene and ethylene dichloride (EDC), and steady demand from the construction and infrastructure sectors. Domestic sourcing flexibility and strong logistics also helped maintain supply stability.
- The Production Cost Trend rose marginally in Q3, driven by elevated feedstock prices and energy tariffs. However, producers-maintained price discipline through tight operating rates and efficient throughput.
- The Demand Outlook for VCM in North America remained positive, with strong consumption from PVC applications such as pipes, window profiles, flooring, and medical devices. Construction activity and infrastructure investments continued to support downstream demand.
Why did the price of VCM change in September 2025 in North America?
- Prices rose slightly due to higher feedstock costs and steady PVC demand.
- Efficient domestic production and logistics helped maintain supply stability.
- Proactive inventory management supported spot price firmness amid seasonal procurement.
Vinyl Chloride Monomer Price in APAC
- In Japan, the Vinyl Chloride Monomer Price Index fell by 17.91% quarter-over-quarter, reflecting maintenance and weak demand.
- The average Vinyl Chloride Monomer price for the quarter was approximately USD 1419.33/MT, reflecting softer spot levels.
- Vinyl Chloride Monomer Spot Price weakened amid elevated inventories, keeping the Price Index trajectory firmly bearish.
- Vinyl Chloride Monomer Price Forecast indicates modest recovery post-maintenance, tempered by persistent regional oversupply conditions.
- Vinyl Chloride Monomer Production Cost Trend remained subdued as ethylene and EDC costs stayed relatively stable.
- Vinyl Chloride Monomer Demand Outlook is muted with weak PVC consumption from construction and cautious converter buying.
- Vinyl Chloride Monomer Price Index pressured by high inventories and subdued export enquiries, limiting sellers' ability to raise offers.
Why did the price of Vinyl Chloride Monomer change in September 2025 in APAC?
- Planned and extended maintenance reduced domestic output, but ample inventories prevented significant supply short-term tightness.
- Weak downstream PVC demand from construction and cautious converter buying curtailed spot procurements, depressing pricing.
- Stable feedstock ethylene and EDC costs limited production cost pressure; logistics remained functional, reducing upward price pressure.
Vinyl Chloride Monomer Price in Europe
- The VCM Price Index in Europe showed a mild downward trend during Q3 2025, reflecting subdued demand from downstream sectors and cautious buying behavior across the region.
- Spot Price activity remained soft throughout the quarter, with limited volatility. Prices dipped slightly in September as converters reduced procurement volumes amid weak construction and infrastructure activity.
- Prices decreased in September due to sluggish PVC demand, particularly from the building and construction sector. While supply remained balanced, the lack of downstream momentum and high inventories contributed to softer pricing.
- The Production Cost Trend remained stable, supported by consistent feedstock availability—especially ethylene and EDC—and moderate energy costs. European producers maintained efficient throughput, limiting cost-push inflation.
- The Demand Outlook for VCM in Europe was mixed. While PVC applications in medical devices, automotive interiors, and electrical insulation offered some support, demand from construction, flooring, and window profiles remained weak due to macroeconomic uncertainty.
Why did the price of VCM change in September 2025 in Europe?
- Prices declined due to weak PVC demand from construction and infrastructure sectors.
- Stable production costs and balanced supply limited upward price movement.
- High inventories and cautious procurement suppressed spot price activity.
Vinyl Chloride Monomer Price in MEA
- In Qatar, the Vinyl Chloride Monomer Price Index fell by 2.26% quarter-over-quarter, supported by supply.
- The average Vinyl Chloride Monomer price for the quarter was approximately USD 533.33/MT, reflecting contractual demand patterns.
- Vinyl Chloride Monomer Spot Price remained rangebound as adequate inventories and export logistics limited volatility.
- Vinyl Chloride Monomer Price Forecast indicates downside from seasonal demand and competitive Asian export offers.
- Vinyl Chloride Monomer Production Cost Trend showed energy-driven increases, offset by consistent EDC feedstock availability.
- Vinyl Chloride Monomer Demand Outlook remains contract-driven; domestic construction supports steady PVC offtake, limiting buying.
- Vinyl Chloride Monomer Price Index benefited from resilient logistics and sufficient inventories, constraining price volatility.
- Producers maintained steady rates and FOB offers, limiting upside in Vinyl Chloride Monomer Price Index.
Why did the price of Vinyl Chloride Monomer change in September 2025 in MEA?
- Consistent domestic production and smooth export logistics maintained supply, preventing significant September price increases regionally.
- Steady construction-linked PVC demand supported offtake, offsetting softer export procurement from cautious Asian buyers recently.
- Marginal energy and feedstock cost rises were absorbed by producers, muting pass-through onto FOB offers.
