Plastic pipes makers poised to bounce back in Q2 as PVC prices recover

Plastic pipe makers are set for a turnaround in Q2FY27 following a turbulent June quarter (Q1FY27). During Q1FY27, listed manufacturers suffered lower volumes driven by channel destocking, as falling import duties, greater availability of cheap Chinese polyvinyl chloride (PVC) resin, and sluggish demand weighed on PVC prices.