China's PVC market may face weak demand and high stocks in H2 2026

China's the PVC market is likely to stay under pressure in H2 2026 as high social inventories, sluggish downstream demand, and geopolitical risks weigh on prices, in spite of some cost-side supports.

Despite bullish sentiment in coal and coke markets, the PVC market is likely to stay under pressure in the second half of 2026 as high social inventories, sluggish downstream demand, and geopolitical risks weigh on prices. 2025-2026 China Calcium Carbide Prices (Unit: Yuan/t) Source: OilChem On the feedstock front, the calcium carbide