In September 2025, CPVC (Chlorinated Polyvinyl Chloride) prices in Europe began to recover due to production normalizing and revitalized seasonal demand. Conversations of a construction market recovery were also in the air. Export orders continued to decline but domestic buying was an increase which is also a positive market indicator. A few feedstocks, like EDC and VCM, had likewise started increase to negate some of the declines in crude oil and ethylene costs. By October, the market had remained resilient and stable with contract pricing, and the economic data was also mildly stable.
CPVC (Chlorinated Polyvinyl Chloride) prices in the European market during September 2025 achieved a moderate uptick in pricing as production was steady, and base cost changes were moderate. Analysts asserted there was a monthly lift in pricing in part from a seasonal bump in demand, particularly in Germany and France. Early in the month of October, the market sensed additional price increase, however, underlying demand for CPVC remained weak, with demand-side challenges persisting, as did supply-side challenges.
Historically, the construction industry is often the most significant consumer of CPVC, thus seasonal improvements were noted in September as well. Germany’s composite Index rose to a 16-month high, which provided evidence of some moderate improvement in growth, as well as sentiment improvement in their industrial base. Although new export orders continued to decline, imports of domestically generated orders improved for CPVC, particularly in the categories of infrastructure and housing. Overall, the strengthening of domestic orders helped cover broader market caution, and increased procurement activity.
European CPVC producers have maintained consistent production levels on the supply side during September. There was a decline in crude oil prices that influenced market conditions, with WTI crude decreasing 4.2%. This caused localized cost pressure. Ethylene spot prices fell slightly but prices for CPVC key raw materials like ethylene dichloride (EDC) and vinyl chloride monomer (VCM) rose moderately. The changes impacted input costs, but not significantly enough to create pricing turbulence. Traders stay firm with contracts, while spot prices remain soft due to cautious restocking behaviour from market participants.
As we moved into October, signs of CPVC market resilience are still apparent. Overall, contract prices in major European markets, Germany, France, and Italian are stable although spot prices in Northwest Europe eased some in the first month. However, the market remains stable.
As per ChemAnalyst, CPVC pricing is likely to be reasonably firm in Europe over the next few weeks. Spot prices may be a little volatile and have more range depending on demand and supply that is emerging based on changing constraints, and contract prices are likely to hold as firm given production rates and lack of cost support for some increased pricing. The market would remain on that same track unless demand and supply shift significantly. Overall, the CPVC market in Europe will be entering October with a reasonably balanced perspective of stable pricing, some questions about demand potential of an increase and lack of minimal cost support.
