Plastic pipe makers eye earnings revival amid weak demand

Heading south Global polyvinyl chloride price has been under pressure lately, amid weak demand and could see more correction.

- Harsha Jethmalani [e-mail]

Listed plastic pipe makers are in a tight spot.

Listed plastic pipe makers are in a tight spot. The much-awaited announcements on anti-dumping duty (ADD) and Bureau of Indian Standards (BIS) rules aimed at curbing low-quality polyvinyl chloride (PVC) resin imports did not materialize this year. The absence of these trade protection measures has opened the door to cheaper imports, particularly from China, eroding the market share of domestic players.