Vinyl Chloride Monomer (VCM) Prices

Vinyl Chloride Monomer Price Trend, Index and Forecast

Track the latest insights on vinyl chloride monomer price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Vinyl Chloride Monomer Prices Outlook Q1 2025

• USA: US$ 668/MT
• China: US$ 513/MT
• France: US$ 751/MT
• Belgium: US$ 738/MT
• Netherlands: US$ 761/MT

Vinyl Chloride Monomer Price Chart

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During the first quarter of 2025, the vinyl chloride monomer prices in the USA reached 668 USD/MT in March. As per the vinyl chloride monomer price chart, due to mixed cost trends and weak PVC sector demand, prices experienced downward pressure. Following a brief period of supply constraints and an early increase in ethylene prices, demand from the construction sector declined, particularly for PVC. As a result, inventory levels rose, and demand decreased.

During the first quarter of 2025, vinyl chloride monomer prices in China reached 513 USD/MT in March. The market had a mixed performance in China. The export market had difficulties, especially as a result of India's muted demand. Besides, Japan's market stability helped to offset some of the pressure, and overall, prices in the region trended slightly lower due to India's difficulties.

During the first quarter of 2025, the vinyl chloride monomer prices in France reached 751 USD/MT in March. Higher feedstock costs and increased demand from the PVC industry drove a slow price hike in the market. Sluggish construction activity caused some market weakness at the beginning of the quarter, but growing demand from packaging and infrastructure applications supported the market.

During the first quarter of 2025, the vinyl chloride monomer prices in Belgium reached 738 USD/MT in March. Prices increased marginally due to rising feedstock prices and consistent PVC industry demand. Although there was considerable concern at the start of the quarter because of the poor state of the economy, demand from the packaging and applications relating to infrastructure helped keep prices stable.

During the first quarter of 2025, the vinyl chloride monomer prices in the Netherlands reached 761 USD/MT in March. Rising manufacturing costs and improving PVC sector demand drove a minor price hike. The industry recovered by February despite the first several months being muted by more general economic difficulties. Demand from packaging applications and infrastructure projects, together with a more constrained supply from plant restarts in Eastern Europe, contributed to this increase.

Vinyl Chloride Monomer Prices Outlook Q2 2024

• Qatar: US$ 621/MT
• India: US$ 679/MT
• Germany: US$ 934/MT

During Q2 2024, the VCM prices in Qatar reached 621 USD/MT in June. The market faced a temporary halt due to flooding, which caused a three-day shutdown at Qatar Vinyl Company in Mesaieed. This led to short-term price increases, but overall, the market maintained stability due to high inventory levels and moderate demand.

In the second quarter of 2024, India’s VCM prices exhibited significant volatility, influenced by seasonal buying patterns and shifting consumer confidence in the real estate sector. The market price ended at 679 USD/MT in June. Despite strong demand from the PVC sector, abundant stockpiles and adequate demand kept overall prices steady throughout the period.

During the second quarter of 2024, vinyl chloride monomer pricing in Germany declined sharply due to high production costs and weak downstream demand in the PVC sector. The quarter ended with vinyl chloride monomer priced at 934 USD/MT in June. The market faced additional pressures from subdued economic conditions and competition among regional suppliers, resulting in a bearish pricing environment throughout the quarter.

Vinyl Chloride Monomer Prices Outlook Q1 2024

• India: US$ 675/MT

During Q1 2024, the VCM prices in India reached 675 USD/MT in March. The prices in India saw fluctuations. January experienced stable consumption and restricted supply, causing a brief pause in the market. By February, prices stabilized due to restricted regional supplies and balanced demand, maintaining moderate market conditions.

Vinyl Chloride Monomer Prices Outlook Q4 2023

• India: US$ 655/MT

The vinyl chloride monomer (VCM) prices in India for Q4 2023, reached 655 USD/MT in December. The market mirrored the regional challenges with fluctuating demands. The festive season initially spurred increased buying, however as the quarter progressed, demand softened significantly, particularly in the PVC sector, leading to price reductions. The market struggled with reduced profit margins amid broader economic pressures, including global shifts in crude oil prices, which directly influenced VCM pricing strategies.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the vinyl chloride monomer prices.

Global Vinyl Chloride Monomer Price Trend

The report offers a holistic view of the global vinyl chloride monomer pricing trends in the form of vinyl chloride monomer price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of vinyl chloride monomer, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed vinyl chloride monomer demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Vinyl Chloride Monomer Price Trend

Q1 2025:

As per the vinyl chloride monomer price index, the European market had modest price rises due to growing feedstock costs and reviving demand, especially from the PVC industry. Despite a slow start to the quarter because of low building activity and economic uncertainties, demand escalated in February as seasonal influences improved the market mood. As trading activity rose, producers responded by increasing their offers.

Q2 2024:

During the second quarter of 2024, the European product market saw a slight decline in rates due to weak demand from local industries within the polyvinyl chloride sector and heightened competition between sellers. The economic uncertainty further dampened the sentiment of the market, with relaxed expenses from ethylene unable to significantly support VCM rates. Additionally, logistics issues and shipping delays contributed to market fluctuations, leading manufacturers to cut back on output. Overall, VCM pricing in Europe remained under pressure due to ongoing market supply challenges and weaknesses throughout Q2 2024.

Q1 2024:

During the first quarter of 2024, the European VCM prices experienced increases due to modest consumption and supply shortages. The supply chain was affected by interruptions in logistics stemming from turmoil in the Red Sea, which prompted caution among market leaders regarding future trends. Despite reduced demand for polyvinyl chloride (PVC) in Germany, limited VCM availability and supply disruptions led to a stagnant market with a slight supply-demand gap. This situation was compounded by rising crude oil rates globally due to tighter markets and geopolitical concerns. As the holiday season neared in March, concerns about supply constraints further influenced the market dynamics.

Q4 2023:

The PVC industry's decreased demand was a major factor in the European VCM pricing dip that occurred in the fourth quarter of 2023. Prices fluctuated little in spite of possible freight interruptions toward the end of the quarter and extended import transit periods. Prices were lowered as a result of the market's sufficient supply of inventories and import competition. During the year, Germany witnessed the most noteworthy drops in prices. Producers and merchants tried to safeguard earnings by lowering operating rates, which was not achieved as per the intended impact on margins. In November 2023, during the global market collapse, the European market was able to draw diverted shipments from other countries despite continuous supply problems brought on by the low demand for PVC.

This analysis can be extended to include detailed vinyl chloride monomer price information for a comprehensive list of countries.

North America Vinyl Chloride Monomer Price Trend

Q1 2025:

Due to varying input costs and a drop in PVC sector demand, the market in North America saw a minor price decline in Q1 2025. Higher upstream ethylene prices and scheduled maintenance, which momentarily constrained supply, provided some support at the start of the quarter. This assistance, however, was only temporary because macroeconomic issues hindered construction, which is the main source of PVC demand, which led to lower consumption.

Q2 2024:

In the second quarter of 2024, VCM prices in North America surged due to a mix of restricted supply and rising input expenses, influenced by low inventory levels and a peak in crude oil rates. Extreme weather situations, such as floods and hurricanes, significantly interrupted industrial activities, reinforcing the dynamics of supply chain logistics. Additionally, logistical issues such as container shortages worsened these disruptions, pushing prices even higher. Moreover, the strong local consumption in the polyvinyl chloride sector and increased exports to Asia and Africa also contributed to this trend.

Q1 2024:

In Q1 2024, North American VCM prices rose, influenced by several factors. A significant driver was the increased product consumption from the end-use PVC industry, spurred by a surge in manufacturing activities and infrastructure projects. Despite this, challenges in logistics in the U.S. that complicated product movement during limited tank supplies owing to adverse weather conditions supported this upward rise. In spite of these, interest rates due to inflation focused on curbing growth, while a drop in the polyvinyl chloride export value suggested a stock buildup, ultimately pushing VCM prices higher in the region.

Q4 2023:

During Q4 2023, the market saw a downward trend in costs across North America. This downturn was primarily attributed to an oversupply and reduced demand within the polyvinyl chloride (PVC) producing industry. The PVC industry in the United States, experiencing dull economic recuperation and stagnant construction trading circumstances, led to a decrease in VCM demand. Temporary halts in purchasing due to anticipated price increases from new tariffs further influenced the market dynamics. External pressures such as geopolitical tensions and environmental factors impacting shipping routes, including the Panama Canal, compounded these challenges, leading to significant discussions on potential price adjustments for VCM in response to fluctuating spot and contract price discrepancies and changes in crude oil prices.

Specific vinyl chloride monomer historical data within the United States and Canada can also be provided.

Middle East and Africa Vinyl Chloride Monomer Price Trend

Q1 2025:

The report explores the vinyl chloride monomer trends and vinyl chloride monomer price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Q2 2024:

The MEA region experienced a stable VCM market in Q2 of FY2024, majorly due to excess supply and falling crude oil rates. The downward trend was further pushed by sufficient stock availability and elevated rates of ethylene. Additionally, a hike in competition from Asian suppliers added to the pricing pressure. Moreover, container shortages and reduced manufacturing expenses tightened the dynamics of supply chain logistics. Furthermore, Saudi Arabia saw significant price fluctuations, with modest consumption and high supply levels characterizing the market.

In addition to region-wise data, information on vinyl chloride monomer prices for countries can also be provided.

Asia Pacific Vinyl Chloride Monomer Price Trend

Q1 2025:

The market showed mixed patterns, with India seeing a consistent drop in prices and Japan seeing price hikes. Due to tight supply conditions brought on by major plant maintenance and steady demand from the PVC industry, particularly in packaging and construction, VCM prices increased in Japan. Prices were able to rise as a result of reliable logistics and inventory control. On the other hand, an excess of supply, lower feedstock costs, and a decline in demand from the packaging and construction industries all contributed to India's persistently falling VCM pricing.

Q2 2024:

In the second quarter of 2024, the VCM prices in the Asia Pacific region remained stable, majorly due to excess supply and falling rates of ethylene, which together exerted the downward trend of product prices. However, towards the end of this quarter, the market saw disruptions from multiple plant shutdowns, including Japan's Kaneka plant and facilities in China, which temporarily tightened supply. Despite these interruptions, the market's overall stability persisted, supported by ample inventories and modest PVC consumption. India experienced the most volatility in VCM prices, largely impacted by seasonal buying trends and changing customer confidence in real estate.

Q1 2024:

Throughout Q1 2024, the Asia Pacific market showcased a challenging landscape for VCM. Prices fell in comparison to the previous year due to low consumption in the end-use polyvinyl chloride sector and plant shutdowns affecting supply. India saw notable price stability in the secomg month of the quarter, caused by restricted regional stock and balanced supply-demand conditions. In contrast, January witnessed stable consumption with limited supply, leading to a slight market pause. A decline in prices was observed throughout the quarter, primarily due to lowered PVC demand and a tightening gap between demand and supply. The overall market for VCM remained balanced, though negatively impacted by weak downstream demand and supply disruptions.

Q4 2023:

The Q4 2023 presented several difficulties for the Asia Pacific VCM industry, including supply shortages brought on by plant closures, such as the major maintenance stoppage in the United States at the corporation of Formosa Plastics. The manufacturing capacity of VCM was reduced by these shutdowns, which also increased buyer competition. The demand for VCM experienced peaks despite these supply problems due to the seasonal activity in packaging and construction, particularly during the festival season across India, which surged procurement. As the year concluded, demand decreased, especially in Asia's PVC industries, which kept VCM prices low. Due to a broad market slowdown brought on by a drop in the price of crude oil globally, this resulted in sellers' profit margins becoming narrower and numerous deals concluding at reduced prices.

This vinyl chloride monomer price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Vinyl Chloride Monomer Price Trend

Q1 2025:

Latin America's vinyl chloride monomer market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in vinyl chloride monomer prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the vinyl chloride monomer price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing vinyl chloride monomer pricing trends in this region.

This comprehensive review can be extended to include specific countries within the region.

Vinyl Chloride Monomer Price Trend, Market Analysis, and News

IMARC's latest publication, “Vinyl chloride monomer Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the vinyl chloride monomer market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of vinyl chloride monomer at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed vinyl chloride monomer prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting vinyl chloride monomer pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Vinyl Chloride Monomer Market Analysis

The global vinyl chloride monomer industry size reached 48.15 Million Tons in ​2024​. By 2033​, IMARC Group expects the market to reach 68.54 Million Tons, at a projected CAGR of 3.80% during 2025-2033.

• The growing demand for polyvinyl chloride (PVC) products in the construction, automotive, and packaging industries represents the key factor boosting the demand for VCM as it serves as the primary raw material for PVC resin production.
   
• Stringent building regulations and standards emphasizing energy efficiency and sustainability are driving demand for PVC-based building materials, which, in turn, is fueling the demand for VCM.
   
• Besides this, the flourishing expansion of the automotive industry, wherein VCM is widely utilized in PVC-based interior and exterior components is providing an impetus to the market growth.
   
• Moreover, ongoing industrial advancements in the electronics industry spurring the demand for PVC insulation materials and components are influencing the market demand.
   
• In confluence with this, rising healthcare expenditure for PVC-based medical devices, equipment, and packaging materials, leading to higher consumption of VCM in the healthcare sector, is impelling the market growth.
   
• Additionally, the shift towards sustainable packaging solutions, such as shrink wraps and blister packs, is aiding in market expansion.
   
• Expanding investments in renewable energy infrastructure, such as wind turbines and solar panels, which employ VCM for insulation and protection purposes is supporting the market growth.
   
• Extensive investments in water management infrastructure, such as pipelines and water treatment facilities spurring the need for PVC is creating a positive outlook for market expansion.
   
• The burgeoning adoption of PVC-based materials in agriculture for irrigation systems, greenhouse structures, and crop protection is bolstering the demand for VCM, thereby contributing to market growth.
   
• The escalating awareness about environmental sustainability and the demand for recyclable materials are driving research and development (R&D) efforts to improve the recyclability of PVC, which is strengthening the market growth.
   
• Besides this, ongoing technological innovations in PVC production processes, such as suspension, emulsion, and bulk polymerization methods, are driving efficiency improvements and cost reductions, thereby fostering market expansion.
   
• Furthermore, favorable government initiatives promoting infrastructure development, urbanization, and industrial growth, coupled with regulations supporting the use of PVC in various applications, are propelling the demand for VCM.

Vinyl Chloride Monomer News

The report covers the latest developments, updates, and trends impacting the global vinyl chloride monomer industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in vinyl chloride monomer production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the vinyl chloride monomer price trend.

Latest developments in the vinyl chloride monomer industry:

• In April 2023, AGC launched Digital Twin for chemical plants, revolutionizing operations. This innovative technology will go into full operation at P.T. Asahimas Chemical's VCM production facility in Indonesia. Through the real-time importation of operation data from a real plant into a process simulator via a Plant Information Management System (PIMS), the Process Digital Twin replicates the present condition of a plant in virtual space and instantaneously performs high-speed computations.
• In November 2023, VYNOVA, a prominent British chemical company, resumed its production of vinyl chloride monomer (VCM) in its Tessenderlo and Belgium plants, following a scheduled maintenance and repair period. The Tessenderlo plant has a substantial production capacity of 740,000 tons of VCM. The maintenance and repair work carried out by VYNOVA was a part of its ongoing efforts to optimize plant operations and enhance efficiency.

Product Description

VCM is a colorless gas with a slightly sweet odor, predominantly used in the production of polyvinyl chloride (PVC) resin, one of the most widely utilized plastics globally. VCM is produced through the chlorination of ethylene, a process that yields a highly approachable compound essential for PVC synthesis.

VCM-based PVC offers excellent versatility, enabling the fabrication of a wide range of products with different textures, colors, and performance characteristics. It offers exceptional durability, chemical resistance, and weatherability, making it appropriate for both indoor and outdoor applications across industries.

Apart from this, it is employed in the manufacturing of vinyl-based consumer products, including vinyl flooring and vinyl records. Vinyl flooring, made from PVC resin is derived from VCM and is broadly consumed in residential and commercial settings due to its affordability, durability, and ease of maintenance.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of vinyl chloride monomer pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting vinyl chloride monomer price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The vinyl chloride monomer price charts ensure our clients remain at the forefront of the industry.