RIL Slashes PVC Prices by INR 4,000/MT, Resets Price Protection Play to Salvage Lifting Volumes

Reliance Industries Limited (RIL) has aggressively cut domestic Polyvinyl Chloride (PVC) prices by INR 4,000/MT, effective June 25, 2026. Simultaneously, the company withdrew its previous price protection mechanism to issue a fresh, tight-window protection framework valid until June 30, 2026. This dual adjustment reflects intense regional margin pressure and a structural attempt to clear domestic inventory while providing short-term downside immunity to hesitant downstream converters.