Govt. imposes six‑month Minimum Import Price on suspension PVC

By SKYSEVEN Chemical Technical Team · 2026-07-29

Share:

The government has restricted low‑priced imports of suspension‑grade PVC resin (S‑PVC) by imposing a minimum import price (MIP) for six months. A notification from the Directorate General of Foreign Trade (DGFT), in the Ministry of Commerce and Industry, changed the import policy for S-PVC [ITC (HS) Code 39041020] from “Free” to “Restricted”, with immediate effect.

Imports with CIF value above $0.766/kg remain free, while shipments priced at or below $0.766/kg are now restricted.

EOUs, SEZs and Advance Authorisation holders are exempt, provided the material is not diverted to the domestic market.

The move follows last year’s anti‑dumping findings by the Directorate General of Trade Remedies (DGTR), which confirmed injury to domestic producers from under-priced imports. The investigation was initiated following a complaint by domestic manufacturers Chemplast Cuddalore Pvt. Ltd., DCM Shriram Ltd. and DCW Ltd. alleging dumping of S-PVC from seven countries.

While the DGFT notification does not explicitly cite the investigation, the MIP is expected to stabilise domestic pricing.

sector sources expect PVC resin prices to hover around Rs. 83-85/kg, with a possible Rs. 2-3/kg near‑term uptick, though sustainability of these levels will depend on demand recovery. Pipe manufacturers view the measure positively, hoping it will restore confidence in the trade channel after sharp evaporative environment in March/April 2026 and weak agri offtake in Q1 FY27.

India imported 2.38-mt of PVC resin in FY26 and 2.67-mt in FY25, with China accounting to 48%/42% of volumes and Japan to 16%/13% respectively.

Previous

Aarti Drugs receives closure order for amines plant

Next

Focusing on Ink Material Innovation, INK Chemical Leads Green Smart Manufacturing with Technology

Quick inquiry

Create

Inquiry Sent

We will contact you soon