China PVC production to fall 1.04% in 2026 as property slump weighs on demand

China's PVC production is set to ease 1.04% to 24.21 million tonnes in 2026. Meanwhile, H2 apparent consumption is projected at 9.74 million tonnes, edging up 0.53% from H1. The widening gap between output and domestic use points to exports as the primary outlet.

Full-year PVC production is projected at around 24.21 million tonnes in 2026, down 1.04% from 24.46 million tonnes in 2025. H2 apparent PVC consumption is forecast to be 9.741 million tonnes, inching up 0.53% from H1 2026. The gap between production and consumption reflects the volume absorbed by exports. In