Wuxi High Mountain Hi-tech Development Co., Ltd. presents the monthly market analysis for PVC Paste Resin. In January 2026, the domestic market witnessed a strategic price increase driven by pre-holiday restocking and firm feedstock costs.

Market Overview: Resilience in Pricing

During January 1st to 27th, 2026, the average market price for Glove-grade PVC Paste Resin rose to approximately 6,577 RMB/ton (up 0.89% MoM), while Leather-grade resin reached 6,509 RMB/ton (up 1.04% MoM).

• Cost Drivers: The surge in VCM (Vinyl Chloride Monomer) prices—increasing by 250 RMB/ton this month—alongside high Calcium Carbide costs, provided a solid foundation for manufacturers to adjust quotes upward.

• Demand Dynamics: Early January saw a peak in inquiry activity as downstream producers in the medical and synthetic leather sectors prepared for the Chinese New Year. Leading suppliers have successfully secured orders through early February.

Regional Price Benchmarks (As of Jan 27)

For global procurement planning, please refer to the following regional tax-inclusive and freight-inclusive averages:

• East China: Glove Grade ~6,650 RMB/ton; Leather Grade ~6,625 RMB/ton.

• South China: Glove Grade ~6,700 RMB/ton; Leather Grade ~6,700 RMB/ton.

• North China: Glove Grade ~6,525 RMB/ton; Leather Grade ~6,500 RMB/ton.

Supply and Operational Data

The industry maintained an average operating rate of 70%, with total monthly output estimated at 104,300 tons. While no major maintenance was reported, supply remained ample, catering to the stable demand for glove-grade materials.

Future Outlook: February 2026 Forecast

Wuxi High Mountain’s analytical team anticipates a "Stable-to-Soft" trend for February:

• Supply Expansion: Production capacity is expected to increase, particularly with anticipated load increments in the Tianjin area.

• Price Adjustment: Post-holiday market re-entry in late February might see a slight correction of 50-100 RMB/ton as supply outpaces the gradual recovery of downstream operations.

About Wuxi High Mountain Hi-tech Development Co., Ltd.

Based in Wuxi, China, we are a premier provider of specialty chemicals and polymer materials. Our expertise in supply chain optimization ensures that our global partners receive high-quality PVC Paste Resin and professional technical support.

Visit our official website for more details: https://www.wxhmchem.com/