PODCAST: APIC ’25: NE Asia ethylene, PVC spot demand slows on potential start-up delays

Damini Dabholkar

16-May-2025

BANGKOK (ICIS)–Northeast Asia ethylene and polyvinyl chloride (PVC) markets have seen a slower-than-expected tempo of spot talks for June cargoes, with the main driver of uncertainty being unclear start-up timelines from new ethylene derivative expansions, particularly from Chinese PVC.

  • Around 1.5 million tonnes/year of new PVC supply may face start-up postponements
  • Import discussions on ethylene slow pending clearer demand picture
  • PVC demand clouded by India-Pakistan tensions amid pre-monsoon season

In this chemical podcast, ICIS editors Jonathan Chou and Josh Quah discuss their findings from the Asia Petrochemical Industry Conference (APIC) 2025, held in Bangkok, Thailand.

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