India BIS Certification Cancellation: Short-Term Dividend and Long-Term Layout of China PVC Market

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PVC BISCertification Policy Evolution Timeline:

Data source: JLC Network Technology

2021-2025The year our countryPVCExport Situation:

Data source: JLC Network Technology Co., Ltd, China Customs Statistics

2021 2025Based on the industry data of the year, China...PVCThe total export volume has consistently maintained a year-on-year increase, while the Indian market in China.PVCIts position in the export landscape continues to rise, having become an irreplaceable core destination.2024The whole year, our country.PVCThe total exports to India account for the national export volume of that year.51%The Indian market's significance to our country has been highlighted as it has first surpassed the 50% mark.PVCThe importance of export. Enter2025In this year, although this pattern has experienced slight adjustments due to short-term policy disruptions, its core position remains unshaken.2025 1-9Month, ChinaPVCThe total export volume has reached292.1710,000 tons, of which the scale exported to India accounts for the total export volume of the country.41.58%It is worth noting that.2025 1-9The proportion of exports to India by month2024 51%There has been a decline, with the core reason being the successive implementations by India.BISMandatory Certification and Anti-dumping Duty Increase Policy: The former restricts our country through technical entry barriers.PVCThe entry of products, with the latter weakening the price competitiveness of Chinese products by raising costs, and the overlay of dual policies has led to a temporary slowdown in the growth rate of exports to India. And now the Indian authorities have announced the cancellation.PVC BISThe latest policy on mandatory certification will undoubtedly benefit our country.PVCThe export pattern to India brings new variables. This policy adjustment will affect our country.PVCWhat impact does the market have? We analyze from the following points:

1Reduce the pressure of enterprise transformation and minimize additional cost investment in the short term.

Currently, domestic enterprises are advancing.BISThe certification process has been slow, and up to now, no domestic enterprises have passed the certification. The cancellation of the policy means that companies no longer need to invest funds in technical modifications, product testing, and certification applications to adapt to Indian standards. This will reduce the operational pressure on enterprises in the short term and also alleviate the urgency for companies to urgently transition to emerging markets in Southeast Asia and the Middle East, providing a buffer for market adjustments.

2BenefitPVCExport, consolidate core overseas markets.

In recent years, India's infrastructure construction, real estate industry, and manufacturing development have been booming, which has greatly stimulated the demand for...PVCProduct demand. From the perspective of demand structure, infrastructure construction...PVCThe demand proportion reaches35%The real estate industry accounts for approximately30%Manufacturing industry proportion25%Other fields account for10%However, within IndiaPVCLimited production, the current supply-demand gap is huge, and there is a heavy reliance on imports. Therefore, India cancels the ban onPVC BISThe policy undoubtedly serves toPVCThe enterprises have provided a more relaxed market access environment. At the same time, our country...PVCDue to maintaining a certain price advantage, other import sources find it difficult to completely replace China's supply volume. Therefore, it is beneficial for the domestic market.PVCThe product's further expansion of market share in India will theoretically significantly benefit the domestic market.PVCExport.

3Relieve domestic inventory pressure and improve the supply-demand imbalance.

In 2025, several companies such as Qingdao Bay, Tianjin Bohua, and Fujian Wanhua will gradually launch new production capacities, while demand in downstream sectors like real estate and infrastructure remains persistently sluggish, leading to a domestic...PVCSupply and demand are seriously imbalanced, creating significant inventory pressure for companies.BISPolicy cancellation, China's stance towards India.PVCIncreasing export volumes will further absorb newly added and backlog production capacity domestically, alleviate sales pressure on enterprises, and improve the tense situation of supply exceeding demand in the domestic market.

4Indirect supportPVCPrice rebound, boost market confidence

11 13Day, domesticPVCMarket prices remain in low-level fluctuations, and the East China acetylene method.5The mainstream reference price of raw materials is at4480-4600 /The mainstream reference price for ethylene materials is around tons.4600-4700 /The weakness in supply and demand fundamentals continues to constrain the rebound space for prices. However, India cancels the ban on...PVC BISThe news of the policy extension has brought certain positive sentiment to the market, enhancing the confidence of market participants in the domestic environment.PVCOptimistic expectations for export prospects, thereby supporting to a certain extent.PVCPrice rebound. However, it is important to note that the impact of sudden events and positive news is often temporary. Once the market sentiment is digested,PVCPrices will still return to the supply and demand fundamentals.

In summary, India has canceled the...PVC BISThe policy will provide domestic benefits in the short term.PVCProduct exports bring benefits, improving the situation of oversupply in the domestic market and indirectly supporting it.PVCPrice rebound. However, in the long term, domestically...PVCEnterprises still need to pay attention to India's policy dynamics and diversify to broaden overseas markets.