In Q1 2025, PVC K67 Suspension Grade and K66-68 Suspension Grade market in China, Japan, the USA, and Taiwan due to several factors, showed early signs of recovery, with prices stabilizing at 693 USD/MT FOB Houston, reflecting a marginal 0.45% increase from Q4 2024. The price improvement was supported by anticipation of stronger demand in the upcoming construction season, along with clearer direction from fiscal policies related to federal infrastructure programs. Additionally, easing inflationary pressures and slightly improved housing starts created a cautiously optimistic outlook among converters and distributors. On the production side, tighter supply discipline and more measured output from integrated players helped prevent further oversupply. Feedstock costs remained relatively unchanged, maintaining cost stability across the value chain.













