The International Trade Pattern Of PVC Is Undergoing A Major Adjustment

The Ministry of Finance and the State Taxation Administration jointly announced that starting from April 1, 2026, the 13% value-added tax export rebate for PVC powder, unplasticized and already-plasticized PVC products will be officially abolished. The policy implementation is now in the countdown stage, and the industry's foreign trade pattern is about to undergo a profound transformation.
This tax rebate cancellation covers all types of PVC products. Based on the export date on the customs declaration form as the criterion, products declared before April 1 will still be subject to the original tax rebate policy. According to estimates, after the policy implementation, the export cost of PVC will directly increase by approximately 520 yuan per ton, equivalent to a price increase of 13% to cover the costs. The price advantage of PVC in traditional major markets such as Southeast Asia and India will be significantly weakened.
To seize the policy window period, the industry witnessed a significant "export rush" in the first quarter. Companies concentrated on placing orders and reducing domestic trade to focus on exports, maintaining a high level of export volume. Industry analysts believe that the short-term export rush will deplete subsequent demand, and export orders are likely to significantly decline after April; in the long term, the industry will be forced to accelerate product structure upgrading, shift to the export of high-value-added products, and explore new emerging markets in the "Belt and Road Initiative", gradually breaking away from the reliance on the low-price and large-volume model.