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China PVC oversupply caused by capacity expansion leads to margins loss

Source: Mysteel Dec 12, 2025 14:04
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PVC Capacity
In 2025, rapid expansion in China's PVC capacity led to a severe market oversupply, dragging down producer margins. Partial production cuts implemented later failed to reverse this weak trend.   PVC capacity hit a phased high with 2.2 million tonnes/year of new capacity added in 2025, pushing China's total PVC capacity

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